Janus Henderson will rank among the top 10 model portfolio providers in North America upon the transaction’s close.
The city is seeking a firm to provide fiduciary oversight for its retirement plans.
The retirement plan approved a new long-term asset allocation policy and 2026 private markets pacing plan in the fourth quarter.
The global secondaries firm is expected to form a new business platform within EQT, to be branded as Coller EQT.
The retirement system currently has two core real estate investments.
The division head will retire at the end of the year.
The analyst serves on the internal portfolio management team.
The pension plan terminated its incumbent small-cap growth manager following organizational considerations and performance outcomes.
The search follows several personnel changes at its incumbent mid-cap growth manager, which has prompted concern from another pension fund.
The plan will receive pacing recommendations across private equity, non-core real estate and private credit next week.