Tom Hufnagle was named acting administrator for the $7 billion alternative investment division at Michigan Department of Treasury, Bureau of Investments, Lansing, said Terry Stanton, spokesman. Mr. Hufnagle was a senior portfolio manager in private equity.
The $49.2 billion system is searching for a replacement for former administrator David C. Turner, who stepped down to become director of the private equity group at WestAM. Mr. Stanton did not know if a search firm is being used or when a new administrator might be selected.
