The new hire is responsible for business development and consultant relations in North America.
The plan has not made a new commitment to private equity since 2014.
The plan will invest a total of $35 million with two farmland funds.
The plan made a $50 million commitment after interviewing finalists at today’s meeting.
The plan is seeking passive large-cap equity providers and is also interested in firms with passive small-cap offerings.
The plan will interview two firms in September as it looks to replace its current manager due to personnel changes and a decline in AUM.
The pension plan hired a new domestic small-cap growth equity manager to replace its incumbent due to underperformance.
The plan hired a veteran investment staffer from the Los Angeles City Employees’ Retirement System.
The pension plan is looking for global infrastructure managers to handle approximately $20 million after approving the search in the first quarter.
The city previously launched a search in October as the plan has not utilized an investment consultant.