Daily Feed
The role was recently vacated by Mike DiRe following his promotion to senior investment director of private markets.
The plan is seeking to fill a position left vacant by Mike Barnhill, who joined the $76.7 billion Alaska Permanent Fund Corporation as coo last month.
The plan’s contract with incumbent Nationwide Retirement Solutions expires on Dec. 31.
A total of up to $1.5 billion is expected to be awarded in the search.
The search follows the district recently selling all $350 million of a bond approved by voters in November 2021.
UTIMCO President and CEO William ‘Britt’ Harris will step down from the role at the end of the second quarter after six years of service and CIO Rich Hall will take over the role.
The firm promoted Greg DeForrest to executive v.p. and head of fund sponsor consulting.
The firm raised $5.3 billion in new capital commitments across two funds.
The contract of incumbent consultant is expiring.
The plan added a second value manager at its board meeting last week.