Doherty joined the foundation in July 2018 after almost two years as operations director for the UK Community Foundations.
The plan approved a $10 million commitment at its Dec. 1 board meeting.
The pacing plans will target a combined $625 million to the two asset classes.
The plan has launched its search seeking domestic mid-cap growth equity managers ahead of its incumbent’s contract expiration.
The new hire will focus on capital raising and client and consultant relations efforts in the Western region.
He is responsible for manager due diligence and helps support the firm’s manager research analyst team.
The city hired a firm to manage its $486 million portfolio in late December.
The fund hired a new cio to oversee and manage its portfolio from a Southwestern defined benefit plan, which its previous investment head left to join last summer.
The four investment providers received the highest evaluation scores.
The plan retained its high-yield bond manager from a field of 28 candidates.