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The institution approved a commitment to an early-stage growth strategy that invests in consumer and consumer technology companies.
The firm has hired a retirement plan consultant to provide not-for-profit and for-profit clients with investment oversight and guidance.
The plan made follow-on commitments and rehired its real estate consultant following an RFI process.
The appointment came after two directors left the college savings plan to join the its program manager as a senior v.p. and v.p.
The fund exceeded its $400 million target and closed above its initial $500 million hard cap.
The retirement plan is seeking a liquid diversifying strategies manager to handle a $30 million allocation.
The firm closed NB Credit Opportunities Fund II with $2.5 billion in commitments.
The search follows the plan announing the impending departure of the incumbent executive director and cio last month.
The police and fire retirement plan is seeking consulting services after approving the search in May.
The plan had previously posted the position to the National Association of Retirement Plan Administrators website in April.