The retirement system added $160 million in new private equity and hedge fund allocations in recent months.
The selected firm will provide investment advisory and portfolio management services for its $315 million in operating and capital funds.
Invesco Direct Lending Fund II closed alongside similar vehicles with a total of $1.4 billion of investable capital.
The retirement system also increased its fixed-income target at the expense of real estate.
The agency is seeking the services on behalf of its $129 million investment portfolio.
The fund targets top-performing, oversubscribed funds and companies.
The retirement system’s cio disclosed recent staff-delegated alternatives commitments totaling $110 million.
The alternative investment firm raised approximately $400 million for private credit and equity tranches of lower middle market business across healthcare, business services and education sectors.
The pension system will interview three recommended finalists at its March 6 board meeting.