The deferred compensation plan reviewed an initial search report at its deferred compensation committee meeting last week.
The plan will look to rehire two of its incumbent managers to handle passive equity mandates.
Starwood Capital Group has closed three of its private credit-focused vehicles.
The private equity firm completed the fundraise across its buyout funds.
The city previously issued an RFQ for the services in December due to its incumbent’s expiring contract.
Jennifer Lundmark has joined Lincoln Property Company as head of distribution and investor relations.
The firm saw the departures of a Senior Private Markets Consultant and Portfolio Manager Sam Geschickter earlier this year.
The retirement system adjusted its target asset allocation to optimize its real assets allocation at a March meeting.
The commitment is consistent with the pension plan’s goal of adding geographic diversification to its core real estate portfolio.
The retirement system has launched its search for its next executive director.