The deal will see 55 employees and roughly 200 clients join CAPTRUST.
Organization intends to invest $200 million in diverse-owned and led private equity firms raising first or second funds.
The retirement comes more than five years after AndCo’s acquisition of Thistle Asset Consulting.
Ash Williams will retire from the $252.8 billion fund at the end of September.
The administrator will provide services for the authority’s three pension plans, which have a total of $58 million in assets.
The plan will examine whether to remain with its current conservative growth and value managers moving forward.
The plan will look to reduce its allocation to mega core properties and take advantage of opportunistic strategies.
The plan is looking to refresh its pool of bank loan managers.
The plan invested $1.2 billion total in three global growth equity managers during the second quarter.
The plan is looking for a firm to produce investment due diligence and/or operational due diligence reports on an as-needed basis.