People Moves
The firm has promoted five team members, including two to managing director, as they have contributed to accelerating the firm’s momentum in the space.
Yue Bonnet will lead the firm’s investment activities.
She joined the plan last month from the Virginia Retirement System.
The incoming ceo joins from the largest state retirement system.
The foundation has named its next cio following a search for the position as its previous investment head left in last year to join a family office.
Scott Maguire has been promoted to the new role after previously leading investor relations.
The pension plan has agreed to keep its executive director on paid administrative leave through May in order for him to receive “professional development.”
The leadership changes will “support the firm’s ongoing growth and future direction.”
The search is for an individual to oversee the city’s two pension funds totaling more than $7.5 billion.
The plan welcomed a pair of senior portfolio managers to its fixed-income team last month.