The firm’s 13th fund closed with more than $3 billion.
The West Coast city does not currently utilize an investment advisor.
Firm’s new global institutional client group head joins next quarter from BlackRock.
The new position will lead distribution at the energy and infrastructure focused manager.
The two retirement systems will “address the issue again” in November.
The fund’s new investment officer started her career there over a decade ago.
The city is seeking investment advisory services on behalf of its short- and medium-term portfolios.
The pension fund approved the search for a maiden private markets consultant at a board meeting earlier this month.
The team added two new team members from Nuveen and a third from Lord Abbett & Co.
The firm’s new head of U.S. research will join next quarter.