The firm raised $5.5 billion for the oversubscribed flagship fund.
The retirement system’s board also approved up to $250 million across private markets commitments at today’s meeting.
The incumbent firm has served as advisor for the plan for 25 years.
Blue Sage Capital closed its oversubscribed credit fund at $287 million.
The selected firm will provide non-discretionary management of the city’s safekeeping account.
The senior investment professional will serve in a generalist position and “play an integral role” on the plan’s investment team.
DigitalBridge Group has hired Wendy Pryce as a managing director.
Meridiam has closed its fourth North America infrastructure fund with more than $1.8 billion in commitments.
The plan most recently rehired its incumbent in 2019.
Josh Pack, co-ceo and managing partner of Fortress Investment Group, has died.