The city received four proposals in response to an RFP issued in January.
The deferred compensation plan also terminated its global large-cap growth equity manager in February.
The chief investment strategist assumed the newly created leadership role this month and will also serve as a primary spokesperson for the firm.
The pension plan disclosed commitments totaling $720.7 million in the first quarter.
The plan is seeking two to four managers to evenly split an approximately $1 billion allocation.
The RFI has been “issued for informational purposes only.”
The cio will lead portfolio construction and deliver investment insights to ultra-high-net-worth families and family offices.
The fund surpassed its $500 million target as well as its initial $750 million hard cap.