The three new senior leaders will all report to Head of Distribution Tiffani Potesta.
The pension plan replaced its domestic large-cap growth equity manager in the second quarter due to underperformance.
The pension plan made $665 million in total private equity/current return and real estate commitments in the second quarter.
The firm has raised $5.6 billion for KKR Asset-Based Finance Partners II.
Institutional investors are making tactical or long-term strategic shifts amid concerns over the impact of U.S. tariffs and trade policies, according to a recent survey conducted by global research firm CoreData Research.
The city received five proposals in response to its RFP seeking investment management services.
The retirement system’s outsourced cio recently terminated a global large-cap core equity manager due to underperformance.
The retirement fund disclosed nine commitments totaling $1.2 billion in May.
The retirement system will consider options to replace its investment in Wellington Management Company’s Wellington Opportunistic Investment Fund, which is closing.
The retirement system was scheduled to consider domestic large-value equity alternatives to incumbent GAMCO Investors due to concerns over succession planning.