The oversubscribed fund closes with $1 billion in capital, exceeding its original hard cap of $900 million.
The school district is seeking a manager to provide cash flow investment management services and reporting for construction bond proceeds up to $179 million.
The retirement fund is conducting the search due to state statute.
Brady O’Connell joined Cliffwater after more than eight years with the investment consulting firm.
ICG has appointed David Saitowitz as head of U.S. liquid credit.
The asset allocation changes resulted in several manager hires and terminations at the retirement system’s November meeting.
The fund closed at its hard cap of $2.15 billion.
The new investment analyst joins from the state treasurer’s office.
The plan will consider a recommendation to conduct an RFP for one to two buyout/special situations fund commitments next year.