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The oversubscribed fund closed after four months in the market.
The trust will commit $100 million in total this year.
The retirement system added a senior investment analyst to help oversee its $30 billion public equity portfolio.
The plan’s investment consultant will present potential alternative domestic mid-cap equity managers in May.
The fund is seeking a mission-aligned investment advisor to design and manage its first values-driven investment account.
The plan will continue to manage its investments in-house.
The plan’s current domestic equity portfolio includes small- to mid-cap growth and small-cap value mandates.
The health system named its next investment head from a Midwestern college following a search for the role from 2025.
The oversubscribed fund raised over $1 billion of investment capital from a range of global institutional investors.
The retirement system terminated its sole public diversified real assets manager last month.