A look at Black-owned asset managers with more than $1 billion in assets under management.
The firm’s contract was set to expire later this year.
The plan currently has a delegated investment services relationship with Willis Towers Watson.
The new position will focus on optimizing the firm’s fundraising and business development efforts.
The plan made a $10 million growth equity commitment at its May meeting.
The plan will discuss potential real estate and infrastructure allocations at its August board meeting after opting to redeem from its core real estate manager yesterday.
The plan is looking to make a maiden private debt commitment of up to $50 million.
The plan committed a total of $20 million to two funds offered by a private equity manager at its May 16 meeting.
The plan will receive information on three to four potential managers at a future meeting.
Ronan Murphy joins the firm to head up coverage of the Midwest region.