The plan’s domestic mid-cap value equity manager had been on watch due to underperformance.
The pension plan hired a new domestic large-cap growth equity manager last month.
The duo will help source and execute new investment opportunities for the private equity firm.
The close represents “the largest European real estate drawdown fund ever raised based on third party capital commitments.”
The position reports to Deputy CIO Eric Chin.
Windmark Investment Partners currently provides general investment consulting services for the retirement system.
The plan launched a search in February ahead of the March 31 contract expiration of its incumbent.
The pension plan replaced its domestic large-cap value equity manager in the fourth quarter due to underperformance.
The plan replaced its incumbent emerging markets large-cap core equity and global core fixed-income managers in the fourth quarter.
The retirement system expects to issue a general investment consultant RFP later this month.