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The city issued the RFP in April due to the incumbent’s contract expiration.
The fund reached its hard cap of $633 million on June 30 after launching fundraising at the end of February.
The plan will consider first-time investments in private equity and private credit strategies.
The institution is set to acquire a nearby campus from a Catholic Institution as it has experienced shrinking enrollment numbers and budget gaps.
The institution was named as having the “Best Emerging Manager Program” based on an a survey of institutional clients of a global fintech platform, beating out large and prominent public pension plans and endowments.
The firm has hired a head of global investment insights, sustainability and impact to oversee its sustainability efforts and deliver insights to clients and the broader industry.
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.