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The private investment firm’s new head of business development joins from Paine Schwartz Partners.
He previously served as a senior portfolio manager for the United Parcel Service’s $43 billion pension portfolio.
The system will discuss an implementation plan for the new asset allocation policy next month.
The women-led opportunistic growth firm has appointed a new director for capital raising initiatives and business development strategy.
The firm’s co-ceo will become sole ceo at the end of this year.
The commitment marks the retirement system’s third to the space in recent months.
The search is being conducted for best practices.
The trust concluded its investment advisor search with an intent to award issued this month.
The plan is seeking value-add/opportunistic real estate and global multi-asset allocation managers.
The plan’s current executive director will retire this summer.