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Meridiam has closed its fourth North America infrastructure fund with more than $1.8 billion in commitments.
The plan most recently rehired its incumbent in 2019.
The retirement system conducted a similar search in 2018 that resulted in a manager change.
The hire concludes an RFP process that began in January.
Thoma Bravo will fund the transaction from its balance sheet.
The university recently added core fixed-income allocations with an existing manager as part of its goal to divest its portfolios from fossil fuel exposures.
Report finds artificial intelligence advancements have improved how hedge funds invest, but human judgment remains vital to investment decision making.
The private equity firm’s second fund closed at its $260 million hard cap.
The pension plan hired two infrastructure managers as the result of a newly approved asset allocation policy in the second quarter.
The city is seeking non-discretionary investment advisory services for its $300 million in investment portfolios.