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The retirement system added an investment director to its risk mitigating strategies portfolio team.
The transaction will more than double Clearlake Capital Group’s assets under management.
The plan also made two private credit commitments in September.
The deferred compensation plan had issued an RFP for the services this summer.
The board replaced its sole real estate manager last month due to organizational concerns and a decline in assets.
The district received two proposals in response to an RFP issued in April.
The senior investment strategist will focus on developing U.S. private credit solutions for EMEA investors.
The firm has made several additions to its client solutions team to focus on the institutional channel.
The selected firm will administer a more than $800 million plan.