The manager will fill maiden targets of 5% to international small-cap equity for each plan.
Plan staff made a $9 million private credit co-investment in May.
The plan also named a new manager at a board meeting earlier this year.
The retirement association is looking to add a passive component to its international equity portfolio.
The managing director will join an undisclosed investment management firm.
Firm added to its new Philadelphia office with a managing director hire.
The new cio is expected to begin on July 17.
The plan is scheduled to approve a new target asset allocation at its meeting on Tuesday.
He officially took on the newly created role in April.
The firm will provide monitoring and evaluation of the plan’s discretionary investment manager.