The retirement system also selected finalists in its domestic core fixed-income manager search today.
The search is being conducted due to the upcoming June 30 contract expiration of incumbent CAPTRUST Financial Advisors.
The retirement system also hired two value-add real estate managers today.
The retirement system made venture capital commitments totaling $45 million last month.
The technologies private equity fund exceeded its $2.75 billion target.
The retirement system made five commitments totaling roughly $218 million last week.
The board increased its targets to domestic fixed-income and real estate as part of a new asset allocation policy last month.
The city expects to award a contract in June.
The state investment management board recently made three private equity commitments.
Defined benefit plans had a banner year in 2025, driven largely by higher equity exposure, according to a new report.