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The private equity firm added a managing director and v.p. to support capital raising across its four investment strategies.
Firm’s new managing director joins after more than a decade at Advent International.
Plan added a $50 million commitment to an existing manager relationship.
The private markets firm secured more than $3.2 billion in capital commitments for the program.
The plan hired a new manager for domestic large-cap growth equities during a meeting today.
Plan is conducting an RFP for investment and plan design consultant services.
Tony Lissuzzo has joined the firm as a senior v.p. and investment consultant.
Byles Williams founded Xponance, a Black woman-owned investment firm, which offers direct active and passive equity, fixed-income and alternative investments as well as multi-manager strategies focused on emerging and diverse managers.
Plan added $315 million in alternatives commitments with existing manager relationships last week.
The fund approved a revision to its investment policy statement to lift its prohibition of privately placed securities as requested by one its international large-cap equity managers and recommended by its general investment consultant.