The transaction is expected to close early next year.
He leads a team of investment professionals responsible for the internal and external management, research and trading.
Plan will launch its RFPs for both private equity and private debt managers in the coming days.
He will launch and run an actively managed mandate investing across market caps with full ESG integration.
The plan approved a maiden 2.5% allocation to international small-cap at its April board meeting.
The plan is seeking managers to handle an up to $500 million mandate.
The new CIO will lead the firm’s global equity platform and oversee investment teams.
The plan concluded searches for an active international large-cap value equity manager and a passive domestic mid-cap equity manager in March.
Plan terminated a pair of public equity investments as part of an overall structure review of the portfolio.
One joined last month, while the other was hired earlier this month.