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The replacement is due to recent organizational concerns at the incumbent firm.
The retirement system will revisit a search at its October meeting following finalist interviews held in August.
The pension plan’s cio and acting executive director have both resigned following the dismissal of the executive director earlier this week.
The plan last conducted a search for the services in 2019.
The firm appointed its first global cio as well as a new president and ceo.
The plans currently utilize MissionSquare Retirement.
The new hire joins the plan from a national investment consulting firm.
The firm’s 13th fund closed with more than $3 billion.
The pension plan has directed its staff and general investment consultant to conduct a targeted RFP process to replace a terminated international small-cap equity manager.
The West Coast city does not currently utilize an investment advisor.