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The individual left their role as a senior investment analyst to join the investment consultant as an associate on its private markets team last month.
The firm hired two new members to its credit and investments teams and promoted two principals to managing directors.
David Fann is departing the firm at the end of the month and has accepted a new position.
The firm added three new hires and promoted an associate to v.p. this month.
The search follows the plan rescinding a January commitment to a blockchain-focused fund.
The search for a new investment officer stems from the plan’s increased workload.
The plan will look to hire a new consultant at a meeting later this week following a search launched due to the contract expiration of its incumbent.
Firm has closed Sterling Consumer Logistics Properties I with $225 million total capital commitments.
Brian Himot will lead mezzanine and structured equity investing at the firm and serve on its management council.
The plan approved a consultant recommendation to swap out its domestic small-cap core equity mandate due to a change in the firm’s investment process.