The pension is seeking an additional core fixed-income manager to handle up to $775 million.
The new partnership will see the firm work independently alongside Pinegrove Capital Partners with backing from Brookfield Asset Management and Sequoia Heritage.
The retirement system opted to pursue entering a contract with a new private debt fund after failing to come to an agreement with a previous selection.
The hires conclude a search for managers to handle a $20 million allocation to the asset class.
Firm has made three senior hires for its North America distribution team.
The investment and operations committee approved discretionary private credit and non-core real estate partnerships at this week’s meeting.
The firm has added a director of institutional client relations to support a recently hired director of institutional business development and consultant relations.
The retirement system made domestic mid-cap growth and value equity manager changes this month.
The retirement board selected a new emerging markets equity manager following finalist interviews held last month.
The firm will see the retirement of a co-portfolio manager on its global equity strategy and has appointed a successor.