The firm also recently hired a cfo to serve on its senior leadership team.
The firm invested $100 million in the fund, which looks to build resilience among communities in the U.S. through access to safe and quality affordable housing.
The plan made $650 million in total private markets commitments during the first quarter.
The search, initially launched in 2022, has been on hold amid board changes.
The program includes commitments to the firm’s fifth direct private equity fund, Partners Group Direct Equity V.
She will join the firm next month from Schroder Investment Management North America.
The transaction includes 21 mutual and variable insurance funds with aggregate assets under management of $2.6 billion.
The plan is searching for a senior manager to join its investment office and will report to the managing director of private markets.
The firm will provide services to the city’s various funds and accounts.
She joins the firm from Macquarie Asset Management, where she headed their U.S. wealth private markets.