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Bonaccord Capital Partners has made a passive minority investment in the healthcare-focused private equity firm.
The search, which is open to direct lending strategies only, is for a manager to handle $10 million.
Warburg Pincus Global Growth 14 closed as the firm’s largest fundraise with $17.3 billion of capital.
The plan committed to two value-add real estate funds at today’s board meeting.
The plan also made two follow-on private equity commitments.
The plan has opened searches for active global and emerging markets equity managers.
The plan’s real estate committee approved four commitments in August and its hedge fund committee terminated an existing mandate in July.
The hire concludes a search launched in April due to the contract expiration of the district’s incumbent.
The city last issued an RFP for the services in 2018.
The city issued an RFP earlier this year after not previously utilizing a consultant.