The pension plan terminated its incumbent small-cap growth manager following organizational considerations and performance outcomes.
The search follows several personnel changes at its incumbent mid-cap growth manager, which has prompted concern from another pension fund.
The plan will receive pacing recommendations across private equity, non-core real estate and private credit next week.
Trust’s board is scheduled to rehire PFM Asset Management as its investment advisor at a meeting this week.
The retirement system approved private equity and real assets commitments at its meeting last week.
The city hired a new provider for its $121 million 457(b) plans.
If approved, the new 20% global core equity allocation would require a search later this year.
He joined the firm last month from Segall Bryant & Hamill, where he served in a similar role.
The retirement fund hires a new short-term fixed-income manager in September.
Sixth Street closed its third European direct lending fund at its hard cap with $3.75 billion in total equity commitments.