The pension plan promoted its new investment officer from within.
CIO Ian Toner believes China’s designation as the growth engine of emerging markets has peaked.
The plan will transition to the new general consultant by the end of the quarter.
The plan is seeking a passive option to diversify its fixed-income portfolio and lower fees.
The plan considered the termination as well as a restructure of its international small-cap portfolio in December.
The plan will seek full board approval for two private markets commitments next month.
The office has issued an RFP seeking managers to handle all or a portion of various portfolios it oversees.
The plan’s current managers were first hired in 2016 following a similar RFP process.
The alternatives firm has appointed Josh Niedner as ceo and Chris Stringer as president.
The middle market private equity firm has hired Brian Klaban as head of capital markets and a director of the originations team.