The plan will receive information on three to four potential managers at a future meeting.
Ronan Murphy joins the firm to head up coverage of the Midwest region.
The plan added a core strategy to diversify its existing domestic large-cap equity portfolio consisting of value and growth managers.
The firm has $40.4 billion of $1.4 trillion in client assets invested with diverse managers.
The plan is diversifying its 10% international equity target by adding the new value manager to its existing growth manager.
The city is looking for a firm to manage its long-term and short-term portfolios.
The plan is looking to create a pool of consultants to advise its investment office across all asset classes.
The plan added two core-plus fixed-income managers to the portfolio and made 11 alternatives commitments in the first quarter.
The searches will help fill out an asset allocation approved in 2021 that included new targets to the asset classes.
The searches were conducted because the contracts of the incumbents were expiring.