The fund reached its hard cap of $633 million on June 30 after launching fundraising at the end of February.
The co-managing partner will lead the newly renamed private equity firm’s strategic growth efforts alongside Founder Nick Jean-Baptiste.
The firm will provide investment consulting services for the Treasury through June 30, 2027.
The principal is responsible for business development and the hire establishes GoldenTree’s physical presence in California.
The managing director focuses on the performance and expansion of Pretium’s single-family rental vehicles as a member of its real estate team.
The plans currently work with general investment consultant Advanced Capital Group, which was rehired in 2016 following a similar RFP process.
Private credit partnership terms have shifted since the asset class emerged after the global financial crisis of 2007-2008, a new study finds.
The pension plan hired a multi-sector fixed-income manager to replace a core-plus manager in March.
The retirement plans have been working with general investment consultant Bolton Investment since 2003.
The firm’s latest fundraise will allow it to “target 5-7 businesses that the team is excited to own and build.”