Alternatives
At least one client will explore alternative options next month.
The retirement system will also look to commit up to $250 million across private markets commitments.
The retirement fund also hired an emerging markets equity manager last week.
The commitments include three new manager relationships for the retirement system.
The plan recently made $285 million in private markets commitments.
The retirement system will interview the finalists at its December finance committee meeting.
The board hired an intermediate manager to replace a short-term bond mandate.
The retirement system is seeking a replacement for a recently terminated domestic equity manager.
The retirement system also approved a search for a multi-asset credit manager at the end of August.
The commitments include two new manager relationships for the council.