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The retirement system currently works with general investment consultant NEPC.
The retirement system is looking to access equity and fixed-income indices for future allocations.
The office’s newest deputy cio joins from a Midwestern Federal Reserve Bank.
The retirement association disclosed $60 million in private markets commitments following closed session deliberations.
The new hire will lead the firm’s investor relations function and help shape its broader capital strategy across its investment platforms.
The retirement fund also disclosed commitments totaling roughly $1.2 billion in July and August.
Audax Private Debt has closed its third direct lending fund, representing the largest in the firm’s history.
There are no plans for a replacement search at this time.
The final fund close exceeded the firm’s $1 billion target.
The retirement system hired three firms to provide the services in 2013.