Firm has hired Michael Fox as a partner and head of strategy.
Firm closed the inaugural fund at its hard cap of $900 million.
Firm closed Spark Capital VIII and Spark Capital Growth V with a combined $2.3 billion in aggregate commitments.
The plan conducted a similar search for the services in 2017.
The fund exceeded its $775 million target with $800 million in total commitments.
The retirement plan committed to a fund-of-funds following finalist presentations at last month’s meeting.
The search is due to the impending contract expiration of the incumbent, which is welcome to rebid.
Ryan Stever was promoted to co-cio effective Feb. 26.
The middle market private equity firm’s newest managing director rejoins after four years.
Two new firms will be managing the retirement system’s core fixed-income portfolio.