Private Equity
The new hires will join the private equity firm’s investment team.
The plan terminated a $475 million emerging markets value equity mandate in May and approved private markets commitments totaling $170 million in June.
The plan is seeking international developed markets large-cap value managers due to the upcoming contract expirations of its incumbents.
The plan added commitments to a credit fund and a private equity fund this summer.
The commitments to private equity and private debt total $146 million.
He works with entrepreneurs and leaders across the portfolio to leverage technology through product-driven initiatives.
The plan terminated a $1.4 billion domestic large-cap value equity mandate and made commitments with four existing managers and one new manager in August.
The plan committed a total of $15 million to two private equity managers this summer.
The firm also promoted a new head of global buyout fund investments.
They are responsible for deal origination and execution.