The pension plan recently made $1.8 billion in total commitments across its dynamic strategies, private equity and real assets portfolios.
The pension plan’s new private credit manager will handle a $30 million allocation.
The partnership will complement and add to Janus Henderson’s $36.3 billion securitized asset business.
The pension plan hired a new domestic small- to mid-cap value equity manager and made commitments totaling $980.4 million in June.
The alternative investment firm has added four members to its team after launching earlier this year.
The pension plan funded its second separate account mandate for the global equity emerging manager program in June.
The city received two proposals in response to an investment advisor RFP issued in October.
The new hire will lead the private equity firm’s portfolio operations group.
Asset managers are taking advantage of the growing rate of independent and hybrid registered investment advisor channels by enhancing their coverage model and expanding their menu services to fit the needs of the largest RIAs.
Empower Retirement currently provides record keeping, trust and custody services for the deferred compensation plan.