The two hires will lead institutional business development efforts across two new regions.
The firm welcomes back Jeff Davidek, who previously spent 14 years at C.S. McKee.
The search will be conducted to replace an incumbent small-cap core manager.
The plan’s former cio departed to join another pension plan in June.
The retirement system made commitments to two firms today after interviewing four managers last month.
Board will look to add a new emerging markets equity manager within its $187.4 billion Commingled Trust Fund later this month.
The plan is looking to expand the team managing its absolute return hedge fund portfolio.
The deferred compensation plan also hired a new target date fund provider at a meeting today.
The plan’s investment committee also approved reallocating assets from a Japan equity portfolio at a meeting yesterday.
The hire follows the creation of a 7.5% target to the asset class earlier this year.