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The head of alternatives for U.S. wealth will work with the sales teams to identify and pursue business opportunities with wealth advisors in the intermediary distribution channel.
The corporation has issued an RFP seeking firms to provide investment advisory services for its portfolio, which includes unrestricted funds, restricted funds and long-term assets.
The firm hired a president of retirement to oversee the business segment as well as advance its long-term strategy.
The latest fund more than doubled the fundraise of its inaugural fund, which closed in 2022.
The retirement fund disclosed $53 million in recent staff-led commitments.
The district issued an RFP in February on behalf of its operating and capital non-pension funds.
The retirement plan approved a private infrastructure manager search to handle a potential 4% target allocation in December.
The position is under the direction of CIO Anastasia Titarchuk and Deputy CIO Navyug Patel.
The firm has added the core fund investing team from Sapphire Partners to expand its U.S. presence.
Blackstone Capital Opportunities Fund V closed with over $10 billion of investable capital.