City manager and council approval of a selected firm are scheduled for Aug. 10.
The retirement system also hired two managers in its emerging markets equity search.
The latest flagship fund closed with approximately $2.4 billion in total capital commitments.
The new hire spent the past 12 years at LCG Associates.
The retirement system added commitments to one new and one existing manager relationship last week.
The private markets and funds alpha cio had been with the plan since 2020.
The consulting firm named a new global cio to lead its investment capabilities from research to investment solutions and performance across traditional and alternative asset classes.
The new head of business development on the private equity team joined from Monroe Capital.
The plan also terminated an active global equity manager last month.
The two managing directors are respectively based in New York and London.