The retirement system added a senior investment officer of diversifying strategies.
The hire completes a review of the real assets portfolio that will now see it split evenly between one core-plus and two core managers.
The retirement fund approved five total RFPs as part of private equity and private credit pacing plans in July.
The executive director’s retirement caps a second stint in the position first assumed in 1993.
The venture capital solutions provider will broaden client access to innovation and opens global resources to next generation of high-growth technology companies.
The retirement fund is seeking primary direct private equity funds to handle up to $50 million in commitments.
Both vehicles exceeded targets to expand the firm’s platform within the U.S. lower middle market.
The pension system added $240 million across the real estate, infrastructure and private credit asst classes last month.
The pension fund will interview four finalists apiece in respective private debt and data-center-focused real estate searches in the coming months.
Michael Smith has joined the middle market private credit firm as a managing director on the investment team.