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The search is open to equity or debt-related real estate strategies.
He was most recently v.p. of investments at the Yale New Haven Health System.
The search is for one or more domestic public long-only managers.
The plan will conduct a private debt search focusing on European special situations strategies and made two commitments totaling $50 million this week.
The plan is looking for a firm to handle $20 million.
The two new partners will continue in their investment and portfolio management roles.
The plan’s previous core bond portfolio was entirely passively managed.
The plan’s investment committee opted to rehire general investment consultant NEPC over finalist Meketa Investment Group following interviews yesterday.
Ranchland is an emerging real assets manager focusing on value-add operational improvements and active property management.
The plan will hear from a total of 10 managers in its global equity and private equity searches.