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The plan’s investment committee initially received an asset/liability education in May.
The plan issued an RFP last year due to the contract expiration of its incumbent.
The RFP was slated to be issued to comply with standard state procurement laws.
The real estate firm’s new hire joins from Goldman Sachs Asset Management.
June Kim was promoted to senior investment director of total fund management.
The plan disclosed recent private equity, private credit and real estate commitments.
The RFPs are a result of a new asset allocation approved in May.
The search is part of standard state procurement laws.
The firm focuses on buyouts of middle market businesses with operational improvement potential.
The firm hired a new managing director to expand its investment leadership team.