Extensive and timely coverage of the institutional industry.
The deferred compensation plan’s contract with its incumbent is scheduled to expire on Jan. 31.
The new hire will help lead the continued development of the firm’s financing and debt capital markets capabilities.
The commitment is part of the retirement system’s pacing schedule for the asset class.
The retirement system also approved a fiscal year 2027 real estate pacing plan last week.
The retirement system also hired a new hedge fund manager in the second quarter.
Matt Shafer has joined Golub Capital as managing director and head of its GP-led private equity secondaries strategy Golub Equity Continuation Partners.
The plans also replaced a domestic large-cap growth equity manager due to underperformance.
The plan liquidated a domestic large-cap core equity manager in the second quarter.
The retirement system will interview the firms in November for $1.3 billion in total mandates.
The plans replaced their domestic mid-cap growth equity manager, which had been on watch since the fourth quarter.