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The union pension plan is seeking core or intermediate government/credit managers.
The acquisition will further enhance Blue Owl’s digital infrastructure strategy as part of its real estate platform.
The plan’s current international equity manager recently saw the departure of a portfolio manager.
The plan also narrowed its general investment consultant search to two finalists.
The commitments include first time investments with three managers.
Former Verus President Shelly Heier will lead the firm’s head of global institutional client service.
The incumbent provider declined to respond to the RFP issued in May.
The duo will further expand access to Easterly’s portfolio of alternatives solutions.
The firm’s new managing director joins from EAM Investors.