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The lower middle market private equity firm’s newest funds closed at their collective cap of $1.4 billion.
The global private investment firm new president began in the role today.
The retirement system committed to funds with two new manager relationships last week.
The retirement system introduced TIPS and eliminated its low volatility and public real assets targets as a result of a new asset allocation policy.
The city issued an RFP in July seeking a firm to provide record keeping services for its plans.
The county terminated its outsourced cio yesterday due to underperformance.
BC Partners Credit, the private credit arm of BC Partners, raised over $1.4 billion in investable capital for its third special opportunities fund.
The search follows the Jan. 3 departure of Executive Director Janilyn Murtha.
The firm’s new managing director has joined from Duration Capital Partners.
The deputy cio has resigned after a nearly 20-year career at the plan.