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kPlans Founder Steve Sansone will join SageView as a managing director, the firm said.
Village is searching for a firm to manage $142 million in assets.
The firm’s Co-CIO will become Co-CIO following the founder’s departure.
The new hires include a managing director, a senior v.p. and a v.p.
Former portfolio manager will reunite with the plan’s former deputy cio in the new position.
Investment officer will source, research and conduct due diligence on private equity investments for the plan.
Plan’s investment committee was scheduled to interview four firms in the search for an up to $60 million allocation.
The current executive director and cio is retiring in August.
Plan currently works with general investment consultant Innovest Portfolio Solutions.
Plan will review two funds previously narrowed from a direct lending search presented in February.