He will lead a new effort in sourcing and managing privately placed investment-grade credit investments.
The firm added multiple members of the Spring Bridge Partners team, including its two founders.
The senior asset management officer was with the plan for 21 years.
Larry Johansen has announced his impending retirement after more than 12 years with the plan.
He will focus primarily on the healthcare and utilities sectors.
The plan welcomes back Terrill Sanchez, who previously spent over two decades with the plan, as its interim executive director.
She will drive the growth strategy for North American investments.
The firm has also hired a new private credit head and senior private credit analyst to oversee the group.
A university on the West Coast has named a new investment head following the retirement of its longtime cio in the fourth quarter.
He will help bolster the firm’s expertise in technologies and treatment modalities.