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The firm ported the small-cap growth equity team of Chicago-based emerging manager Bosun Asset Management last quarter.
The consultant’s new cio joined this week from Avantax Wealth Management.
The plan will review a recommendation to hire a new domestic large-cap value equity manager this week.
The pension plan recently made commitments totaling $945 million and terminated a domestic small-cap growth equity manager.
The retirement system received 29 total responses to a fixed-income RFP issued earlier this year.
The fund will soon launch a search for a permanent ceo.
The strategy exceeded its initial $1.25 billion hard cap.
The pension plan made two credit commitments totaling $60 million in the second quarter.
The investment consulting firm’s 58-member team and $124 billion in non-discretionary assets under advisement will move to Cresset in a deal expected to close later this year.
The pension plan also hired a manager to handle a customized treasury mandate.