The retirement system also increased its fixed-income target at the expense of real estate.
The agency is seeking the services on behalf of its $129 million investment portfolio.
The fund targets top-performing, oversubscribed funds and companies.
The retirement system’s cio disclosed recent staff-delegated alternatives commitments totaling $110 million.
The alternative investment firm raised approximately $400 million for private credit and equity tranches of lower middle market business across healthcare, business services and education sectors.
The pension system will interview three recommended finalists at its March 6 board meeting.
The retirement system agreed to hire a new core fixed-income manager at today’s meeting.
The retirement system is seeking one or more managers to handle a mandate expected to range from $200 million up to $400 million.
The firm’s third real estate debt fund closed with $806 million in capital commitments.