The retirement system also added two private credit commitments in the third quarter.
The pension plan added $79 million in commitments this week.
The senior partner will support the firm’s origination efforts and GP growth initiatives.
The plan received three proposals in response to an RFP issued in April.
The fund exceeded its $3 billion target.
The new hire joined the firm yesterday from MetLife Investment Management.
The pension plan will also receive a staff recommendation to place one of its private equity fund-of-funds managers on watch this week.
The new research associate also serves as a member of the firm’s traditional investment manager search committee.
The town received six proposals in response to an RFP issued in January.
The retirement system added a maiden 5% private credit target as part of a newly approved asset allocation in September.