Private Equity
The fund will employ a mix of complex and traditional growth, buyout and turnaround investments in the North American middle market.
The funds will focus on investments in industrials and healthcare businesses.
The city is looking for a firm to advise on sell-side and buy-side activity of limited partnership interests.
The plan redeemed an absolute return investment and disclosed five private markets commitment.
The plan concluded two manager searches this week.
Investors are planning to increase their allocations to private markets to capture higher returns with the help of external partners like outsourced cios.
The search follows the plan rescinding a January commitment to a blockchain-focused fund.
The fund made a venture capital commitment to a new manager as it is to find improved valuations in the venture space.
The plan will commit up to $3.4 billion to the two asset classes.
