Greg Lindsey joins as managing director for client and partner solutions.
The city intends to hire a new manager to handle its investment portfolio.
Matthew Armas will become the new senior v.p. and cio at Prudential Financial next year.
The plan voted to add a passive option for the asset class that can be funded at a later date if they choose.
The plan received three proposals in response to an RFP issued in April.
The fund exceeded its $3 billion target.
ASU Enterprise Partners CIO Jeff Mindlin is leaving the organization to join The Nature Conservancy as its next investment head this month.
The plan is seeking distressed debt, junior/mezzanine, asset backed and/or direct lending private debt strategies.
The search follows the plan’s decision to introduce a 5% dedicated private credit target allocation yesterday.
Investment Consultant Sean Lee has departed his role after more than 20 years at the firm.