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Executive director was accused of “egregious misconduct” in approving a salary increase for the deputy executive director and then requesting a raise for himself.
The plan terminated a manager after discussions held in closed session last month.
The plan is in the early stages of evaluating its long/short equity, absolute return and fixed-income credit portfolios.
Plan added alternatives commitments in September, August and July.
The fund invests in a range of private special-situation opportunities.
He will focus on sourcing new investment opportunities and supporting the growth of portfolio companies.
KKR and Mubadala will co-invest across performing private credit opportunities in the Asia Pacific region.
The selected firm will manage a Russell 1000 Growth Index mandate at least initially.
The plan will soon issue RFPs for two investment consulting services providers.
The fund is seeking subadvisors to manage assets for its investment pool.
