The plan will seek to commit up $300 million across multiple private credit strategies as part of an RFP scheduled to be issued on Monday.
The role was recently vacated by Mike DiRe following his promotion to senior investment director of private markets.
The search follows the district recently selling all $350 million of a bond approved by voters in November 2021.
The firm promoted Greg DeForrest to executive v.p. and head of fund sponsor consulting.
The firm raised $5.3 billion in new capital commitments across two funds.
The city is looking for a firm to assist with investing funds.
The plan made a hire this week following finalist interviews held over the last two months.
Parthenon Capital closed its seventh fund with more than $4.5 billion in commitments.
The plan approved commitments of $30 million each to real estate and private equity funds at today’s meeting.
The district rehired its incumbent to provide third-party administrator services.