The plan committed a total of $15 million to two private equity managers this summer.
Shundrawn Thomas will lead a firm providing credit and other financial solutions to lower middle market companies.
The plan hired a new domestic small-cap growth equity manager after Voya Investment Management acquired the U.S. business of prior manager Allianz Global Investors.
The plan hired two active emerging markets equity managers to split the allocation.
The plan will have further discussions on adding a 3% initial target to private equity at its November board meeting.
The plan is conducting its first search for dedicated China public equity managers.
The plan is considering adding international value managers to complement its growth exposure.
The plan received an education into private credit at its board meeting yesterday and will have further discussions in the fall.
The plan will look to add an open-end fund this year before building out the portfolio with closed-end funds.
The city is looking for a firm to advise on sell-side and buy-side activity of limited partnership interests.