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The foundation has hired an outsourced cio following a search for due diligence purposes from last year.
Incumbent cio will retire this year after 12 years in the position.
The senior private markets director departed last month after being promoted earlier in the year.
Jon Morgan has joined Orchard Global as head of consultant relations.
District is in search of a firm to externally manage a $30 million to $50 million portfolio.
The authority made a hire in its investment manager search at a November board meeting.
The plan adopted a new asset allocation that includes a maiden target to the asset class.
The transaction will occur over the course of two years.
The plan’s current administrator is retiring this week.
The plan announced that it has made a $1 billion commitment “aimed at identifying and supporting the next generation of investor entrepreneurs in the private markets.”