TJ Carlson will join the $9.1 billion Missouri State Employees Retirement System as its new cio.
Plan’s new executive director will start in the position next month.
She will lead and support new product development, strategic partnerships and fund management programs.
He will help drive the firm’s Asia Pacific and global growth strategy.
He will be responsible for improving the client experience.
The plan is seeking an executive search firm to hire a replacement for David Hunter, who resigned last month.
He will be heavily involved in risk management, quantitative models and data efforts.
The recommendations will now be brought to the Securities and Exchange Commission for further discussion.
PFM Asset Management will continue to operate as a separate entity and PFM’s financial advisory business is not included in this acquisition and will continue to operate independently.
The transaction is expected to close by the end of the year.