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The commitment was made in accordance with a 2024 pacing plan.
The oversubscribed fund closed with approximately $1.2 billion in capital commitments.
The firm’s new dedicated insurance solutions team includes two team member additions.
The plan committed $70 million total across three funds in the last several months.
The deferred compensation plan replaced its intermediate fixed-income manager in February due to personnel changes.
The pension plan hired a manager to build out its real estate allocation in May.
The new hire will focus on public funds.
The retirement system recently launched an RFP for investment consulting services.
The plan had been expected to conduct a search for the services due to its incumbent’s upcoming Dec. 31 contract expiration.