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The plan will consider active and passive strategies and responses that encompass U.S.-only mandates and products with a global component.
This marks the retirement system’s third search attempt to fill an approximately $1.2 billion expected allocation.
The retirement fund is seeking a firm to provide objective third-party advice for its retirement fund assets.
The city is relaunching a search for investment management services after canceling a previous RFP last year.
The firm’s first global data center fund closes with $2 billion of capital allocated.
The pension plans launched a search last May for due diligence purposes.
The retirement board will issue a global low volatility equity manager RFP early next week.
The plan hired two new managers and retained three at a board meeting this week.
The plan launched a search in February ahead of the March 31 contract expiration of its incumbent.
The pension plan replaced its domestic large-cap value equity manager in the fourth quarter due to underperformance.