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The plan is searching for a senior manager to join its investment office and will report to the managing director of private markets.
The pension plan approved three commitments with an existing manager relationship last week.
The plans approved commitments with two existing manager relationships last week.
The search is for senior direct lending managers.
Gerry Watson has worked at the Rockefeller Brothers Fund for nearly 30 years, and is responsible for the oversight of its approximately $1.3 billion endowment, accounting, technology and operations functions as well as the Rockefeller Family Fund, the David Rockefeller Fund and several of the fund’s affiliates.
The firm will provide services to the city’s various funds and accounts.
The pension plan will consider hiring one firm to provide hedge fund, credit and real assets consulting services next week.
The new hire is being integrated into the firm’s collateralized loan obligation platform alongside Managing Director and Portfolio Manager William Lemberg, who will be retiring in the spring of 2025.
The plan began a search in April that excluded its two incumbent managers.
The commitments were made under the plan’s delegated authority.