Real Estate

Plan will seek a real estate manager to diversify its portfolio.

She will lead the company’s research and data analytics capabilities.

Plan’s board considered terminating an emerging markets value equity manager and disclosed several alternative commitments and manager terminations last month.

The plan committed to existing managers’ latest funds.

She is responsible for execution of acquisition and development strategies.

The hires followed finalist interviews held at last month’s board meeting while the fund decided against hiring either of the two closed-end core real estate managers it considered.