The plan established a dedicated real assets target of up to 3%.
The previous cio will retire in January after more than six years at the helm.
The retirement system is looking to access equity and fixed-income indices for future allocations.
The retirement association disclosed $60 million in private markets commitments following closed session deliberations.
There are no plans for a replacement search at this time.
The retirement system rehired its incumbent in 2018 after a similar search.
The pension system will invite three finalists to present at its board meeting in November.
The plan also eliminated its target to TIPS as part of an overall asset allocation change.
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.