The pension plan will be looking to fill a new 4% target to the sub-asset class.
The firm hired Brett Kozlowski as a taxable bond portfolio manager.
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.