The $604 million investment portfolio is currently managed internally by the city.
The firm’s head of portfolio management also retired in March.
The city is seeking the services for its investment portfolios of $2.5 million and $1.9 million.
The program currently has four providers for the services.
The plan is searching for an advisor for an up to five-year contract.
The authority will seek board approval to hire a new investment consultant at a May 21 meeting.
The retirement system hired a new enhanced cash manager for its $200 million allocation.
Pine River Capital Management has hired Abigail Smith as a portfolio manager for its relative value liquid rates strategies.
Nuveen announced today the closing of a separately managed account for the $346.5 billion California State Teachers’ Retirement System.
Global alternative investment manager TPG and global investment company Temasek are making a substantial minority investment in alternatives consulting firm Cliffwater.