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The cio previously served as a member of the plan’s investment committee and board of administration.
The hire concludes a search for investment advisory services launched in May.
Plan will target $150 million in non-core real estate commitments in fiscal year 2022-2023.
The new MDs will oversee investor development, servicing and relationship management as well as public affairs, marketing and media relations.
The fund will employ a mix of complex and traditional growth, buyout and turnaround investments in the North American middle market.
The firm has also hired a consultant relations director and an institutional sales director.
The funds will focus on investments in industrials and healthcare businesses.
The plans, which have $420 million in combined assets, are searching for an investment advisor.
Markets have been cheering the latest news, giving investors a chance to review portfolios—but the coast is far from clear.