The plan’s new project basis-consultant was chosen over finalists Hyas Group, Innovest Portfolio Solutions and Mesirow Financial.
The fund is managed by Blackstone Credit’s sustainable resources platform, which launched last year.
The new hire joined the plan from Capital Group last week.
The new hire spent the past 14 years at Goldman Sachs Asset Management.
The pension plan hired a firm to complement its existing fixed-income managers and rehired its general investment consultant yesterday.
He leads the firm’s institutional sales and relationship management within North America.
The city last issued an investment consultant RFP in 2020.
The new office will initially support KKR’s real estate, private equity, private wealth and institutional client relationship teams.
The plan’s new private markets allocation will consist of one-third private equity, one-third private debt and one-third real estate/real assets.
MissionSquare Retirement currently provides record keeping and administrative services for the authority’s plans.