The new hire has previous experience in manager research at Marco Consulting Group.
The plan committed $8 million each to a private equity fund-of-funds and a managed income strategy in October.
The new hire will focus on medium to large institutional investors and their investment consultants across the U.S.
The deal will see approximately $8 billion in assets move to the Wintrust subsidiary.
The firm brought on a former member of investment consulting firm NEPC’s healthcare practice.
The search aims to expand the geographic focus of the plan’s existing factor portfolio and provide alternatives to building its existing four underlying factor exposures.
The principal had been responsible for leading the firm’s manager research efforts for multi-strategy hedge funds, CTAs and hedge funds-of-funds.
The plan moved an additional $30 million to an active equity manager hired over the summer.
The new hire will work to develop strategic sales plans for the U.S. insurance market.
The plan also disclosed private equity, real estate and strategic investments from the third quarter.