Joshua Schachter steps into the role after 25 years of investing alongside longtime CIO Richard Snow.
The fund closed at €21.5 billion in total commitments, a 35% increase from its predecessor.
The global alternative investment firm’s new co-cio originally joined the firm in 2014.
The new director of real assets will join the retirement system next month.
The plan voted to hire new general investment and alternatives consultants at last week’s board meeting.
The authority is searching for a retirement plan consultant to perform investment practices and performance evaluation.
The private equity manager closed its sixth fund with $1.35 billion in investor commitments.
The retirement system swapped out managers for its roughly 3% target to the asset class.
The comptroller’s office has issued an RFP for the services on behalf of its deferred compensation and OPEB trust funds.
City council approved the hire of the plans’ first investment consultant after receiving five responses to an RFP issued in October.