The firm’s $870 million fundraise surpassed both its target and original hard cap.
The search follows a structure review that calls for two core and core-plus managers.
The investment fund is seeking large-market private equity buyout and non-core infrastructure strategies.
The union pension plan is seeking core or intermediate government/credit managers.
Former Verus President Shelly Heier will lead the firm’s head of global institutional client service.
The firm’s new managing director joins from EAM Investors.
The retirement fund swapped out its core fixed-income mandate with Western Asset Management at a meeting last month.
The fund’s investment and operations committee will recommend State Street Global Advisors to handle an active emerging markets equity ex-China mandate later this month.
The firm’s latest flagship fund closes with $9.5 billion in capital commitments.