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The new partnership will see the firm work independently alongside Pinegrove Capital Partners with backing from Brookfield Asset Management and Sequoia Heritage.
The commitments include a new manager relationship for the plan.
The plan currently works with general investment consultant CAPTRUST Financial Advisors.
The city initially engaged in a short-term agreement with the manager in October to manage $25 million.
Investment officer will help develop, implement and maintain the plan’s private markets investment portfolios.
The plan is seeking firms to manage a total of $100 million.
The city expects to select a firm by July.
The plan currently maintains a pool of pre-qualified firms for general investment consulting services.
The selected firm will service the district’s 457, 401(k) and OPEB funds.
He was part of the firm’s fund sponsor consulting group.