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The plan will release its RFP for a non-discretionary private credit advisory services next week.
Plan will review non-core real estate and private equity search reports provided by general investment consultant AndCo Consulting next month.
The plan will revisit discussions regarding a potential $15 million real estate commitment at a future board meeting.
The previous CFO has been named CEO of Lazard’s asset management business.
He will be responsible for leading the equity quant investing business globally.
Woburn, Mass.-based Salem Capital serves high-net-worth families, individuals and small institutions.
The fund will partner with and support entrepreneurs leading technology and healthcare companies.
The fund focuses on distressed credit and special situations opportunities in developed global markets.
The hire concludes a search launched in April to fill a maiden allocation.
The institution has hired two portfolio managers and promoted a senior investment analyst to portfolio manager to help manage its endowment.