The director recently left the institution after more than three years of service to join a nearby health system in a similar role, tasked with overseeing its portfolio.
The plan is searching for a director, asset management and an investment analyst to assist in the oversight and management of its endowment, which includes nearly $5 billion in real estate.
The institution approved four financing agreements with startup companies recently launched from its ecosystem through its accelerator fund at its July board meeting.
The plan was created this year and is seeking outsourced cio services for its investment program, which will have an initial corpus of approximately $200 million.
The four alumni elected include two investment professionals that will help administer invested funds, set an annual budget and determine policies for operation and control of the institution.
The fund has launched a national search for its next president and ceo as its current head plans to retire in June after 23 years of service in the role.
The fund is seeking the services for two local government investment pools totaling approximately $58.4 billion as its incumbent provider’s contract is set to expire at the end of the year.