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The firm also promoted two to managing director on its investment team and added four managing directors to its operations team.
The plan also terminated eight managers as part of a public equity implementation.
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 pension plan introduced a 2% target to real estate debt as part of a new asset allocation policy adopted last month.
The plan is relaunching the search after contractual agreement with previously selected did not conclude.
Suzanne Bernard serves as the not-for-profit outsourced cio practice lead at Northern Trust Asset Management, where she works with foundations, endowments and other nonprofit clients. She took the time to answer five questions with FIN News.
The plan disclosed first quarter changes to its non-U.S. equity portfolio at a recent meeting.
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.