The retirement system added the two new asset classes as part of a completed asset allocation study.
The plan’s current consultant has been in place since 2006.
Four international equity managers will vie for approximately $164 million.
The city is seeking an advisor for its $350 million investment portfolio.
The plan concluded its private equity search conducted for pacing purposes.
The commitments were made across private equity, credit and real assets totaled $725 million.
The retirement system is seeking direct/niche lending and credit opportunities funds.
The director spent nearly 10 years with the plan before leaving last month.
The plan is looking to invest $100 million in a liquid credit strategy.
The authority is seeking a comprehensive provider for its retirement plans.