The $3.3 billion Fire & Police Pension Association of Colorado hired Dan Slack as chief executive from the Illinois State University Retirement System, ending a five month search.
Slack has served as executive director of the $14.5 billion university pension since 2005, prior to which he was the pension’s associate executive director and general counsel.
Slack, who starts in December, will replace Bill Morris who announced his intention to retire earlier this year after more than 25 years with the Colorado pension. Following a transition process, Morris will retire on 1 January.
Under Slack’s leadership, Illinois SURS in September committed $100 million to private equity fund of funds Adams Street Partners 2009 Global Offering Program despite being over-weighted in the asset class.
“We do modeling to look at how much we need to deploy into the private equity space to , over time , maintain the allocation at the weight we seek to stay at,” said Slack at the time.