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The firm hired Brett Kozlowski as a taxable bond portfolio manager.
The retirement system added $160 million in new private equity and hedge fund allocations in recent months.
The institutional investment industry is celebrating Emerging Managers Week in New York City and staying the course on its commitment to diverse managers that deliver robust returns.
The selected firm will provide investment advisory and portfolio management services for its $315 million in operating and capital funds.
The retirement system is also watching a hedge fund manager due to underperformance.
The plan last conducted a similar search in 2020.
Institutional investors increasingly sought comfort and partnerships with investment consultants that provide expertise on alternative and private markets asset classes as 2024 came to a close.
Invesco Direct Lending Fund II closed alongside similar vehicles with a total of $1.4 billion of investable capital.
The retirement system also increased its fixed-income target at the expense of real estate.
