The move is significant for the Canadian pension giant, which until now had been unable to back such deals via its secondaries unit.
The proposals include the requirement to obtain a fairness opinion on the prices of secondaries transactions.
A growing number of liquidity providers are looking for a piece of the private wealth market, all trying to demonstrate a distinct edge.
The $25.3bn US public pension wants to sell private equity fund stakes and divest of non-strategic relationships, documents show.
The secondaries market is expanding private equity access to individual investors and defined contribution pension plans.
The sovereign wealth fund expects competition for attractive companies to remain intense or even accelerate.
Community organisers cited the secondaries firm's 2019 investment in Pretium Partners, whose portfolio company HavenBrook is facing scrutiny.
The deal is the second that Glendower has backed in healthcare in recent months, following the €700m DomusVi process last month.
The South Korean public pension fund has backed Brookfield's latest investment strategy.
Suyi Kim, previously head of Asia at the Canadian pension giant, has been named to lead its private equity unit globally.