The new co-head of portfolio management joined the firm from Goldman Sachs Asset Management.
The firm has hired two new employees and announced four staff promotions.
The retirement fund made commitments totaling $2.7 billion in August.
The fund has allocated nearly 70% of its total equity across 70 assets that span seven alternative sectors.
The fund will see its senior portfolio manager of private equity depart later this week.
The acquisition will further enhance Blue Owl’s digital infrastructure strategy as part of its real estate platform.
The duo will further expand access to Easterly’s portfolio of alternatives solutions.
The deferred compensation plan replaced its emerging markets equity manager, which had been on watch, in the second quarter.
The duo will oversee Barings’ regional strategy to expand its strategic relationships with existing and prospective clients.
The firm’s second fund closed above its initial $1.3 billion hard cap and $1 billion target.