The pension fund is seeking one or more private equity secondaries products diversified by underlying fund strategy and geographic focus.
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.