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Michael Krems has joined Apollo Global Management as a managing director.
The search is open to general and private markets consultants.
The plan last rehired its consultant following an RFP search process in 2020.
The retirement trust doubled its allocation to a recently hired real estate manager at its board meeting this week.
The search will seek an integrated consultant for performance and benchmarking measurement.
The investment board has also made up to $1.4 billion in new commitments.
The city last completed a search for the services in 2021.
The rebrand marks the completion of Performance Equity Management’s integration into Sagard’s global middle market private equity platform.
The hire concludes a global search following the retirement of the pension’s last cio.
The retirement system replaced one of its domestic large-cap value equity managers due to concerns about succession planning.