Private Equity
The fund is looking to add buyout, growth, venture capital and GP-led secondaries strategies to its endowment.
The Southern-based private equity firm has hired a managing director for its lower middle market strategy, which was launched last year.
Firm has closed its most recent fund at $1.35 billion.
The commitments include two new manager relationships.
The city made private equity commitments on behalf of its retirement plan and OPEB trust in June.
The private equity fund acquired two companies prior to its final close.
The plan is seeking firms that offer North American-focused fund-of-funds.
The plan made a follow-on commitment to a U.S. defense sector specialist.
The firm has closed its oversubscribed third growth equity fund with more than $275 million in commitments.
The pension plan made private equity commitments with two existing manager relationships and one new manager relationship this week.