The plan will also interview domestic large-cap growth managers next month, while the city’s Fire plan will interview emerging markets equity firms.
The buyout strategies exceeded their respective targets and will invest across middle and lower middle markets in North America.
The newly promoted portfolio manager has worked at the firm since 2020 on both its small-cap and large-cap teams.
The co-managing partner will lead the newly renamed private equity firm’s strategic growth efforts alongside Founder Nick Jean-Baptiste.
The investment from Blue Owl will support Stonepeak’s strategic initiatives as part of the ongoing growth of its global platform.
The firm closed the third vintage of its closed-end asset-based lending fund, which was oversubscribed at $1.7 billion in commitments.
The firm will provide investment consulting services for the Treasury through June 30, 2027.
The plan added $90 million across two commitments in the second quarter.
The foundation hired a v.p. of investment operations from a Western health system following a search for the newly created role earlier this year.
The managing director recently left the institution to join a global, multi-asset endowment-style fund that was formed by a former colleague as a partner.