The plan’s incumbent has been serving in the role since 2017.
The plan began a search in January for an investment consultant.
The approval comes as the plan’s five-year contract with its current consultant is ending.
The plan and the cio mutually agreed to a departure.
The plan also terminated eight managers as part of a public equity implementation.
The plan is relaunching the search after contractual agreement with previously selected did not conclude.
The plan adopted a new asset allocation last month.
The city is seeking a manager to handle its $45 million in non-pension assets.
The search is due to the June 30, 2025 contract expiration of the plan’s incumbent.
The plan also disclosed two new commitments.