The firm announced the closing of Sumeru Equity Partners Fund IV at the hard cap with $1.3 billion in total capital commitments.
The plan, which has not had a cio in the past, is looking to fill the position.
The plan has decided to stick with its incumbent to provide investment management services for its approximately $1 billion portfolio.
The new suite offers a way to help investors evaluate sources of risk and opportunities in digital assets.
The plan approved $10 million in maiden private credit commitments at its September board meeting.
The plan, which launched an invitation-only search this year, will make a decision next week.
The plan will recommend the hire of a new pension investment consultant at a meeting this week.
The state’s defined contribution plan is seeking a core-plus fixed-income manager.
Plan will seek board approval for international equity and U.S. fixed-income portfolio structures that would see new manager additions this week.
The fund is seeking subadvisors to manage assets for its investment pool.