Daily Feed
The hire concludes a search launched after the Jan. 3 departure of CFOO Ryan Skor.
The foundation’s previous investment head left earlier this year for the same role at a Midwestern foundation.
The pension plan will no longer have investments in Chinese-owned or controlled companies as of early next year.
The fund opted to replace its mid-cap growth investment due to underperformance.
The trust is seeking fixed-income investment advisory services for the management of its restricted and reserve funds.
Victory Park Capital is an affiliate of Janus Henderson Group, which will remain majority owner of the alternative investment firm.
The fund anticipates awarding five contracts in the search.
The system issued the RFP as it is looking to offer a competitive retirement plan.
The transaction is expected to close in the fourth quarter, subject to regulatory approval.
The retirement system made infrastructure and private equity commitments totaling $295 million last week.