The private equity firm closed its second fund with $2 billion in capital commitments.
The plan had been slated to issue its RFP for general investment consulting services this week.
The retirement association’s private credit portfolio stood at 6.4% against an 8% target as of Dec. 31.
The city is seeking non-discretionary portfolio management services on behalf of its $1 billion portfolio.
The search is on behalf of the authority’s money purchase pension plan and trust.
The plan is moving to a new investment consultant after a 15-year tenure with its incumbent, as recommended by staff.
The retirement system has worked with its incumbent general investment consultant since 2009.
The retirement association will look to fill out its new international small-cap equity allocation with a hire next quarter.
The private equity firm closed its most recent fund with $670 million in capital commitments.
The plan approved a $40 million core infrastructure commitment last week to fill a new allocation to the asset class.