People Moves
The search is due to the upcoming retirement of its executive director in April.
The fund’s new investment officer started her career there over a decade ago.
The foundation has promoted its managing director of investments to serve as cio and oversee its endowment as its previous investment head left to serve as cio at an investment firm.
The plan promoted from within for the roles overseeing the $41.2 billion fixed-income portfolio and $144.9 billion global equity portfolio.
The pension plan ended the employment agreement of its executive director, who had been on paid administrative leave since November.
The team added two new team members from Nuveen and a third from Lord Abbett & Co.
The firm’s new head of U.S. research will join next quarter.
She directs the creations, education and accompanying support of AAM’s expanding alternative product offerings.
He will help evaluate, analyze and monitor investments made by the firm.