People Moves
The transition stems from the recent leave of absence of its co-cio following recent receipt of a Wells Notice from the Securities and Exchange Commission.
The firm also promoted two to managing director on its investment team and added four managing directors to its operations team.
He has further advanced the firm’s efforts in the software and healthcare IT segments since joining in 2013.
The plan launched a search in January following the departure of its former executive director.
The head of U.S. high-yield fixed-income will retire in March after a 30-year tenure with the firm.
The pension plan agreed to keep its executive director on paid administrative leave through September at Friday’s board meeting.
The pension plan has also hired a senior investment analyst of real assets.
The firm’s current managing partner and ceo will retire early next year.
