The system expects to issue a general investment consultant RFP tomorrow.
The executive v.p. and director of research has been with Callan since 1989.
The senior advisor will help expand the firm’s U.S. real estate private credit platform.
The city is seeking one or more firms to provide bundled services for its retirement plans.
The plans currently work with general investment consultant Segal Marco Advisors.
The investment analyst will join the retirement system next month.
The search will be conducted to replace domestic large-cap value equity manager Hamlin Capital Management, which was terminated last month.
Both positions will report to Deputy Executive Director of Investments and CIO Aaron DiCenzo.
The city received five proposals in response to an RFP issued in April.
The transaction is expected to close in the first quarter, subject to regulatory and fund approvals.