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The new hire will succeed Executive Director Jerry Allen upon his retirement on January 1.
The retirement board made $250 million in total commitments over the last two quarters.
The newest fund surpassed the firm’s $4.75 billion target in less than five months.
The firm has completed fundraising for its fifth debt strategies fund, raising $2.15 billion in equity commitments.
The plan voted to retain its incumbent investment advisor at a meeting last month.
The retirement fund made four private equity commitments totaling $10 million in the second quarter.
The pension plan issued an RFP in April due to its incumbent’s contract expiration.
One discretionary advisor sees an imperative need for in-person interaction at foundations and endowments to successfully advance mission-oriented objectives, particularly amid changing board demographics.
The plan added commitments with two new hedge fund managers and two existing real estate managers this summer.
The university is considering selling a portion of its private equity portfolio as it looks to reposition its endowment under its new investment head, who began in the role last year.