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.
The plan is seeking both active and passive managers to handle up to $10 million.
The firm exceeded its $3 billion target for the fund.
The authority rehired its incumbent investment advisor at a meeting this month.
The firm added a managing director and senior relationship manager to the group.
The plan hired a new domestic small- to mid-cap core equity manager yesterday.
The firm updated portfolio management responsibilities for its Global High Income Fund.
The plan is seeking an advisor due to an ownership change at its incumbent.