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Jon Morgan has joined Orchard Global as head of consultant relations.
District is in search of a firm to externally manage a $30 million to $50 million portfolio.
The authority made a hire in its investment manager search at a November board meeting.
The plan adopted a new asset allocation that includes a maiden target to the asset class.
The transaction will occur over the course of two years.
The plan’s current administrator is retiring this week.
The plan announced that it has made a $1 billion commitment “aimed at identifying and supporting the next generation of investor entrepreneurs in the private markets.”
The managing directors have been with the private equity firm for nearly 10 years.
The plan hired a new investment manager to handle an investment in a non-publicly traded financial security at the end of the third quarter.
The college selected a new investment advisor for its portfolio last year after issuing an RFP in the first quarter.