The city is conducting the search due to its incumbent’s expiring contract.
The retirement system also made one full redemption at today’s board meeting.
The plan has now added three associate investment officers.
The retirement system is seeking open-end core real estate managers to handle up to $40 million.
The retirement association recently made two redemptions for performance reasons.
The current consultant will see its contract expire next June.
The retirement system is searching for two open-end core managers to handle $40 million.
The commitments to three firms totaled $180 million.
The plan also terminated three equity mandates as part of a domestic equity portfolio restructuring.
The officer will serve as a generalist focusing on primary and direct investments.