The head of global CLO issuance and capital markets role is newly created.
The new hire will help lead the continued development of the firm’s financing and debt capital markets capabilities.
The retirement system also approved a fiscal year 2027 real estate pacing plan last week.
The retirement system also hired a new hedge fund manager in the second quarter.
The plans also replaced a domestic large-cap growth equity manager due to underperformance.
The plans replaced their domestic mid-cap growth equity manager, which had been on watch since the fourth quarter.
The managing partner will help establish the firm’s presence in New York.
The deferred compensation plan replaced an underperforming domestic large-cap value equity manager in the second quarter.
The deferred compensation plan has worked with general investment consultant RVK since 2016.