The team joins with five existing investment funds and $500 million in capital commitments.
The retirement system added private equity and private credit commitments in recent months.
The pension plan approved one credit and three real estate commitments totaling $180 million at yesterday’s investment committee meeting.
The plan is set to commit $700 million to private credit this year.
The plan is in the process of identifying a replacement manager for the roughly $80 million mandate.
The plan also placed two investment managers on watch last month.
The plan made two private debt commitments last quarter totaling $50 million.
The direct lending and private credit advisory firm will return to a separate and independently owned company.
The pension plan will consider approving one credit and three real estate commitments totaling $180 million at its Jan. 9 investment committee meeting.
The plan hired one international equity manager and terminated three others at this week’s board meeting.