The retirement system opted to pursue entering a contract with a new private debt fund after failing to come to an agreement with a previous selection.
The hires conclude a search for managers to handle a $20 million allocation to the asset class.
Firm has made three senior hires for its North America distribution team.
The investment and operations committee approved discretionary private credit and non-core real estate partnerships at this week’s meeting.
The firm has added a director of institutional client relations to support a recently hired director of institutional business development and consultant relations.
The retirement system made domestic mid-cap growth and value equity manager changes this month.
The retirement board selected a new emerging markets equity manager following finalist interviews held last month.
The firm will see the retirement of a co-portfolio manager on its global equity strategy and has appointed a successor.
The plan is targeting a proposed allocation of $12 million to $18 million for pacing purposes.
The pension fund committed to private credit and private equity buyout funds.