TJC has closed its second continuation fund at $2.1 billion.
The plan’s consulting contracts are slated to expire in the first quarter of 2025.
He leaves a role he assumed in 2022 after previously retiring from the California Public Employees’ Retirement System in 2020.
The retirement system placed a domestic small-cap value equity manager on watch last month due to lagging performance.
His fellow co-cio will retire next year after being with the firm since 2005.
The city currently invests most of its funds with the state treasurer’s investment fund.
The firm’s newest hire joins after approximately 30 years at Aon Investments USA.
The contract will run for three years with the option to extend for two one-year terms.
The company has selected a panel of firms to manage its investment grade fixed-income portfolios.