Private Equity
The plan also disclosed two staff-delegated investments at a meeting yesterday.
The hire concludes an RFP search launched as part of an investment consultant strategy in March.
The plan also approved a new international equity structure and a real estate pacing plan at today’s board meeting.
The pension plan selected nine real assets equity managers for possible inclusion within its investment lineup today.
The fund recently closed its third healthcare services buyout fund above its original fundraising target of $650 million.
The search is being conducted as part of a previously approved investment consultant strategy.
The plan disclosed recent private equity, credit and real estate commitments.
The pension plan liquidated its approximately $1.9 billion international equity mandate and made commitments totaling $108 million in April.
The search is open to North American-focused fund-of-funds managers.
The fund approved the addition of core fixed-income, international equity and private equity secondaries investments during its board meeting last week and is slated to consider combining two of its ten investment pools later this month.
