The software-focused investor has appointed a new head of the firm’s private credit platform.
The county is seeking the services on behalf of its $9.9 million 457(b) and $414,000 401(a) plan.
The plan added a pair of private equity commitments and another to a credit opportunities fund.
The retirement system added a senior investment officer of diversifying strategies.
The hire completes a review of the real assets portfolio that will now see it split evenly between one core-plus and two core managers.
The retirement fund approved five total RFPs as part of private equity and private credit pacing plans in July.
The executive director’s retirement caps a second stint in the position first assumed in 1993.
The venture capital solutions provider will broaden client access to innovation and opens global resources to next generation of high-growth technology companies.
The retirement fund is seeking primary direct private equity funds to handle up to $50 million in commitments.
Both vehicles exceeded targets to expand the firm’s platform within the U.S. lower middle market.