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He most recently served as a managing director and chief development officer at The Carlyle Group.
The changes will harmonize the investment grade fixed-income portfolios between the board’s three investment plans.
The plan may vote on a new executive director tomorrow.
The district rehired its incumbent to provide third-party administrator services.
The plan is seeking both active and passive managers to handle up to $10 million.
The contract of the current consultant is set to expire this year.
The new policy will help the plan achieve an expected return of 7.25% over the next 10 years.
The authority is seeking proposals for advisory and administration services for the establishment and administration of a trust relating to its obligations to a union OPEB plan.
The plan removed two hedge fund investments totaling $40.8 million from its portfolio this week.
The plan approved a strategic real estate plan that calls for dropping its core portfolio to 5 managers from 11 over time.