Acquisition will add roughly $1 billion in assets under management and bolster Blue Owl’s presence in the life sciences sector.
Firm close its ninth fund, the largest in its history, with over $750 million in committed capital.
The retirement plan expects to issue a consultant RFP on Friday pending approval at this week’s board meeting.
The city is seeking investment advisory services for its roughly $2 billion in combined cash and investment portfolio.
The town is searching for a consultant on behalf of its 457(b), retirement health savings and 401(k) plans.
The plan is seeking firms to handle a roughly $72 million allocation.
The plan added a follow-on private equity commitment at a board meeting last week.
The retirement system approved a new bundled provider/record keeper following diligence and presentations from three finalists.
The search is being conducted as part of best practice purposes.
Appointment follows appointments to the same role for both EMEA and Asia.