The pension plan’s hedge fund committee considered four commitments and a manager termination at its meeting this month.
The fund closed at its hard cap of $600 million in under four months.
The pension plan recently committed $280 million total to credit and real estate funds.
The fund exceeded its $750 million fundraising target.
The plan’s former executive director resigned from the position earlier this year.
The investment advisor will provide guidance in the management of the city’s approximately $53.7 million investment portfolio.
He is responsible for the firm’s global health, wealth and career practices.
He will officially take on the role on Jan. 1 and succeeds CIO Robert Horrocks.
The pension plan made a private credit commitment to an existing manager relationship last week.
The pension plan committed $10 million to an existing private equity manager relationship and approved a 2024 private markets pacing plan in May.