The retirement system was scheduled to interview three finalists in a domestic small- to mid-cap equity search at last month’s board meeting.
Fund closes at its hard cap of roughly $1.9 billion.
The retirement system hired its incumbent consultant to a five-year contract following a search conducted in 2019.
The new investment officer takes over the role after a year-long search.
The firm has successfully completed the final closing of its second real estate fund.
The plan approved commitments to two core infrastructure funds and one new core real estate manager relationship.
Ben Skrodzki will now oversee the plan’s global public equity and private equity portfolios.
The new associate joins after a year of interning with the private equity firm.
The plan will move the assets from the underperforming manager to cash for use in making benefit payments.
Global equity manager ABS Global Investments has formed a strategic partnership with private equity manager Nile Capital Group