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The pension plan made two commitments with existing manager relationships last month.
PFM Asset Management currently provides investment advisory services for the city’s investment funds.
The commitments were part of a 2025 private equity recommendation from general investment consultant Marquette Associates.
A total of six new sub-mandates were funded.
The plan opted to retain its incumbent for an initial five-year term.
The plan is seeking services that may include custodial/trustee, plan and participant level record keeping, employee enrollment, participant education and ongoing administrative and regulatory support.
An authority overseeing a college savings plan in the Midwest has renewed its contracts with a record keeper and two investment managers.
A research foundation affiliated with a Midwestern university has tabbed on its current staff members to become president and ceo next year.
A global investment firm has hired a new cio to manage its U.S. endowment and foundation business.
The new director will oversee administrative, operational and other duties for its investment team.