The pension fund committed $10 million to a new relationship at this month’s board meeting.
The firm’s newest associate portfolio manager joins from AllianceBernstein.
The city concluded a search for investment management and advisory services in February.
The plan’s investment consultant is conducting a search for real estate managers to form a joint venture targeting value-add industrial real estate projects.
The firm’s new head of portfolio management joins from a mid-Atlantic pension fund.
The firm added an expert to meet increased demand for macroeconomic and market-driven policy insights.
The search is related to services for its $1.1 billion in operating and bond funds.
The city’s police and fire and general retirement systems will interview three fixed-income managers at next week’s joint board meeting.
The organization is seeking an advisor with a history, especially with fixed-income securities, to provide investment and depository services.
The oversubscribed fund closes with approximately $1.31 billion of capital commitments, including $162 million of committed co-investment capacity.