The individual left their role as a senior investment analyst to join the investment consultant as an associate on its private markets team last month.
The fund made a venture capital commitment to a new manager as it is to find improved valuations in the venture space.
The plan will commit up to $3.4 billion to the two asset classes.
The plan will issue RFPs following adoption of a new asset allocation in June.
Plan added $145.4 million in alternatives commitments through the first half of the year.
The plan added a follow-on direct lending commitment in June.
Survey finds that outsourced cio support can be crucial in helping institutions achieve their ESG goals.
The plan’s hedge fund committee approved an investment last week that will occur in either the fourth quarter or first quarter.
Plan is seeking a firm to provide non-discretionary private credit investment management services for its new 2% target to the asset class.
Plan added a hedge fund commitment to an emerging manager in addition to a pair of private equity commitments.