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The funds will provide access to high-quality primaries, secondaries and co-investments.
The cfo previously served as the firm’s managing director and head of asset management for infrastructure.
The managing director will spearhead investor relations for the firm’s credit platform.
The plan will issue an RFP for general board investment consulting as well as private debt, private equity, real estate and infrastructure program consulting.
The plan committed $12 million total to its new private equity and private credit asset classes.
Plan hired an international value mandate to fill replace a manager terminated at the end of 2021.
Executive director has overseen the plan’s portfolio since 2019.
The plan recently placed an international large-cap equity manager on watch due to underperformance and made $80 million in total private equity commitments.