Justin Mitchell
The fund is targeting $10bn and eyeing a first close by the end of next month.
A PitchBook analysis finds that the types of firms doing GP-led secondaries deals has transformed drastically in the past few years.
Christopher Schelling will move to Windmuehle Funds, an Austin-based alternative investments manager founded in 2018.
The Wilshire Associates report comes amid continued questions about the future of the $390bn fund's private equity program.
The firm is aiming for a first close on the flagship in April and a final close by June.
The recommendation is that the pension fund use a commingled fund investment as a first step towards building up its co-investment capability.
The increased co-investment pace comes as the $252bn pension seeks to up its overall private equity allocation.
The $54.2bn pension's contracts with its current consultants expire June 30.
The secondaries market gives LPs the chance to shift to more co-investments, which gives them more control over their investment portfolio while still getting the strong returns they need.
The firm is fundraising in a heated market for technology funds.