The Canadian private equity firm closed the fund with roughly $475 million in capital commitments.
The plan added a follow-on commitment to an evergreen fund in which it initially committed $100 million in 2022.
The plan’s investment committee agreed on a recommendation in its domestic core-plus fixed-income manager search.
The firm lifted out an emerging market debt team from Western Asset Management.
The plan added two new hires based in Washington D.C. and Boston, respectively.
The team joins with five existing investment funds and $500 million in capital commitments.
Kelly Cavagnaro joins from Columbia Threadneedle Investments.
The retirement system added private equity and private credit commitments in recent months.
The oversubscribed fund brings the firm’s total capital under management to approximately $1 billion.
The retirement fund has posted an RFP for infrastructure managers to handle a $50 million to $80 million allocation.