The transaction is expected to close in the first quarter of 2023.
The commission has concluded that a confluence of events involving several parties resulted in the theft of $3.5 million from the retirement system.
The program is searching for an investment consultant after its official launch this year.
PPA represents CAPTRUST’s 59th acquisition since 2006.
The firm has hired two senior associates for the investment team and an investor relations associate.
He was most recently a partner and portfolio manager at Ares Management.
The plan last rehired Galliard Capital Management in 2017.
The fund offers exposure in small-cap and mid-cap buyout or growth companies across North America and Europe.
QHP partners with tech-enabled life sciences and pharmaceutical services companies.
The plan made two commitments within its real estate portfolio and one commitment within its private credit and income portfolio last week.