The new head will oversee the firm’s managed solutions and investment implementation team.
The new head will provide governance oversight across the firm’s private investment portfolio.
The foundation made a commitment to a private equity manager as it looks to achieve net-zero carbon emissions in its portfolio by 2030.
The foundation is searching for an investment officer and investment operations associate.
Hire will expand the company’s product offerings to include vehicles for real estate equity investments.
The plan hired a new general investment consultant after interviewing three finalists.
The termination follows a recent downgrade from the plan’s investment consultant.
The plan, which eliminated target allocations and terminated a manager within its stable value fixed-income option today, will see its executive director depart on Dec. 2.
The plan’s general investment consultant will review an index search as well as potential active manager candidates at a meeting next month.
He will identify growth opportunities in the market and strengthen the firm’s positioning.