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A Great Plains city is searching for a firm to help manage its $150 million investment portfolio.
He is responsible for sourcing, analyzing, structuring and managing private equity investments.
He will be succeeded by the newly appointed deputy chief credit officer.
The plan has enlisted executive recruiting firm EFL Associates to assist with its search for a new cio.
The Newark-based firm has $2 billion in assets under management.
He is responsible for capital development and managing relationships with institutional investors.
The London-based firm was launched in June 2020.
The plan is considering specialty managers to handle $600 million for its evolving public markets portfolios.
A Virginia plan added two private equity commitments with existing managers.
The plan started with a $3 million commitment to the space and may look to add a second commitment later.