The pension plan made $734.7 million in total private equity/current return commitments and $321 million in total real estate commitments in the third quarter.
The acquisition is expected to close in the first quarter.
The pension plan has committed $70 million to a new credit manager relationship.
The pension plan is seeking an executive search firm to assist with its executive director search.
The pension plan committed $17 million to an existing infrastructure manager relationship last week.
The pension plan terminated its domestic micro-cap equity manager last month due to underperformance.
The deferred compensation plan terminated a stable value fixed-income manager to improve its risk/return profile yesterday.
The head of investor relations joined the firm from Audax Private Equity.
The retirement system previously extended its contract with incumbent Segal Marco Advisors for one year in October 2023.
The fund was developed by the firm’s liquidity committee and executed in partnership with HarbourVest Partners.