(TRENTON) - The New Jersey Department of the Treasury's Division of Investment announced today the hiring of Brad Johnson as Head of Private Credit.
"We are pleased to welcome Brad as our new Head of Private Credit," said Shoaib Khan, Chief Investment Officer and Director of the Division of Investment. "His depth of knowledge and experience in alternative investments makes him an outstanding addition to our team."
As Head of Private Credit, Johnson will lead the effort to invest the targeted allocation of the State's pension fund within the asset class, which is currently eight percent of total assets.
Johnson brings many years of experience to the position. Before joining the Division of Investment, he worked with First Republic Bank, focusing on alternative investments. Prior to that, Johnson worked with PivotalPath, Man Investments, and Oppenheimer Funds. He holds a Bachelor of Arts in Business from Rollins College and a Master of Business Administration from University of California, Irvine.
Johnson started the new position March 27, 2023.