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The selected manager will handle up to $15 million.
The authority previously hired five managers following a similar RFP process in 2012.
Briarcliffe Credit Partners has added Roger Li as a managing director and head of co-head of GP advisory, the firm announced.
The state’s defined contribution plan is seeking a core-plus fixed-income manager.
The new hire will be responsible for expanding engagement with and allocations to minority- and women-owned firms and emerging managers.
The plan disclosed an additional investment and two terminations at Friday’s meeting and recently saw the departure of its deputy cio.
The search is to replace an underperforming incumbent manager.
The agency will first hold a virtual conference for interested managers next month.
The plan is searching for a firm that specializes in insurance-linked securities strategies.
McGeveran, who leads the Minneapolis-based foundation’s investment team, took the time to answer 5 questions with FIN News.