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The plan interviewed a total of five finalists at yesterday’s board meeting.
The internal investment pilot is part of the board’s efforts to enhance investment outcomes.
The firm will handle an approximately $300 million emerging markets equity mandate.
City council approved the hire of the plans’ first investment consultant after receiving five responses to an RFP issued in October.
The plan reissued an investment advisory RFP in September.
Turn/River Capital Fund VI was oversubscribed with $2.5 billion in total commitments.
Marathon Asset Management today announced the final close of its second global opportunistic credit strategy.
The search for each retirement plan is due to state statute requirements.
The firm has closed its fifth and largest dedicated aviation fund.
The commitment represents a new relationship for the city’s three pension plans.