The retirement fund agreed to stick with its incumbent following an RFP issued in July.
The system tapped new heads of private equity and real estate as a result of searches launched last year.
The firm has appointed Todd Marsh as coo of its private credit platform.
The airport’s board is conducting the search on behalf of its $1.3 billion investment portfolio.
The retirement system is seeking a firm or firms to handle between $100 million and $400 million under normal circumstances.
Fund commitments, including to related co-investment vehicles, are twice the initial target and four times the size of the predecessor strategy.
The retirement association will also extend the contract of its incumbent for one year through January 2028.
The district issued a similar RFP for the services in 2021.
The retirement system parted ways with a manager it had worked with since 2009.
FFL Capital Partners VI and related vehicles close with 50% more in committed capital than the preceding fund.