The plan interviewed four finalists at its board meeting this week.
The plan is looking to potentially replace its incumbent due to performance issues.
She leaves after less than two years running the investments for the country’s largest defined benefit pension plan.
The plan promoted from within in hiring its first female real estate director.
The plan will work with Precision Pension Administration.
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.