He will oversee Vector Credit’s marketing and investor relations activities.
Plan is seeking private lending managers to handle $60 million.
Investments are part of the fund’s pacing plan to increase its private equity and private credit allocations over the next several years.
The new semi-liquid multi-sector manager will handle a roughly $250 million mandate for the plan.
Plan added a pair of direct lending commitments totaling $250 million and a $76.4 million European real estate commitment.
Plan switched domestic small-cap value equity managers in the first quarter.
The acquisition broadens First Eagle’s credit capabilities, the firm said.
The trust fund will consider active management for U.S. small-cap and international developed markets equities.
He will help manage collateralized loan obligations.
Foundation added venture capital, private credit and hedge fund commitments to its endowment earlier this month.