The firm added a pair of consultant relations v.p.s.
The retirement system hired a senior investment officer to expand its staff dedicated to diverse and emerging managers.
The plan is seeking a fund-of-one structure to manage an initial 3% of its long-term 7% target to the asset class.
The plan committed up to $150 million across three funds in May and June.
The city is seeking plan administration services on behalf of its $25 million 457(b) plan and several others.
The fundraise represents a 35% increase over Fund VIII and brings Veritas’s AUM to more than $54 billion.
The oversubscribed fund is the largest in the firm’s history.
The commission has roughly $171 million in various investment funds.
The new managing director was promoted following the recent retirement of her predecessor.
The $50 million investment concludes a search for an additional long/short strategy initiated late last year.