Adam Tosh will join investment consultant Rogerscasey on July 19 as managing director, investment solutions.
Mr. Tosh is chief investment officer of the $14 billion Kentucky Retirement Systems, Frankfort. Last week, he confirmed that he will resign from Kentucky July 16.
In a news release, Tim Barron, president and CEO of Rogerscasey, said the addition of someone with Mr. Tosh's experience will enhance his firm's ability to serve the sponsor community. Mr. Barron couldn't immediately be reached for further comment.
Mr. Tosh, in a telephone interview, said he was excited to be joining an organization at the forefront of thinking creatively about how to best meet the needs of institutional investors. He said he'll be looking to contribute wherever he can, whether leveraging his experience on public mandates or backing the firm's “outsourced CIO” effort, where he said Rogerscasey appears to be “building a better mousetrap.”
Brent Aldridge, the Kentucky systems' director of alternative assets, will assume Mr. Tosh's duties until a permanent replacement is chosen.