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The system approved a private equity commitment with an existing energy-focused manager at its board meeting late last month.
The foundation has named its next president and ceo to begin at the end of the month following a search launched in late 2022 as the former head was set to retire in March.
The institution selected a climate reporting consultant following a search from February and added hedge fund and real estate investments with existing managers during the first quarter.
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.