The pension fund approved an RFP for a single infrastructure platform to handle a mandate target between $250 million and $450 million last week.
The retirement system added a non-core real estate commitment last quarter following a search report from its consultant.
The retirement fund is considering a real estate strategy that targets affordable housing as well as neighborhood and community retail/mixed use within the city of Chicago.
He departed last week after 15 years with the firm and his responsibilities have been redistributed to colleagues.
The four new partners bring the investment consulting firm’s shareholder base to 27 individuals.
The retirement fund recently disclosed $60 million in total commitments across private credit and private equity.
THe firm has appointed Amir Malayery a managing director for its secondaries strategy.
The county 457 plan is on the lookout for third-party administrative services.
The pension fund will seek a fund-of-one platform to fill out a 3% target allocation to the asset class.
The firm’s latest opportunistic real estate fund closes with total commitments exceeding $1 billion.