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The ceo will stay on through April as an advisor to ensure a smooth transition.
The 529 program named a new director to manage its assets and operations of its plans after its director retired on July 1.
He will lead the firm’s distribution strategy across Europe and Asia.
The plan has now committed to four funds with the manager.
Deputy director of operations left on Sept. 16 after 24 years with the plan.
He will oversee multifamily investment activity in the Western U.S. region.
The plan, which launched an investment advisor search earlier this year, extended services with its incumbent on a month-to-month basis.
The services sought include general board consulting as well as consulting for the plan’s private debt, private equity, real estate and infrastructure programs.
The plan committed roughly $300 million total to four buyout strategies last week.
