The new cio begins in June, and will oversee the UNJSPF’s investments.
She will serve in the firm’s healthcare group.
The new hire joins from AJO Partners, which closed in December.
He will work closely with Cerberus’ investment platforms, operations affiliates and portfolio companies to drive long-term value, the firm said.
They will manage the America fund and the America special situations fund.
The executive director will retire after 18 years with the plan.
His exit is expected in the first quarter of 2022.
The plan agreed to advance two emerging manager program RFPs and implement a new asset allocation yesterday.
He will leave the firm in early 2022.
The new partner is responsible for investor relations efforts, managing existing limited partner relationships and developing new investors.