The fund close brings total capital raised since inception to $9 billion.
The pension trust will issue an RFP for general investment consulting services following approval at next week’s board meeting.
The pension fund will become the initial investor in a new domestic mid-cap value equity strategy.
The firm promoted a 23-year veteran to lead institutional client relations.
The retirement fund also reupped with its incumbent general investment consultant at today’s board meeting.
The plan is seeking one or more mandates to fill a 2.5% carveout to non-core real estate.
The firm has appointed Jonathan Au as partner and Jordan Bloom as associate.
The oversubscribed fund raised $1.1 billion.
The plan finalized private equity and private credit commitments totaling up to $75 million in February.