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The pension plan has made four equity investments totaling $850 million.
The plan made a $10 million commitment to the next fund offering of an existing manager.
The plan’s current domestic large-cap growth equity manager will see a portfolio manager change.
The plan’s board voted to commit additional funds to an existing manager and also hire a new manager for the increased allocation.
The city is seeking retirement plan consulting services on behalf of its 401(a), 457(b), Retirement Health Savings and OPEB plans.
The principal investment officer will be responsible for a $5.7 billion portfolio.
The plan’s former global private equity head retired this year.
The plan hired a new core fixed-income manager last quarter.
The plan has issued an RFP seeking multi-asset credit managers.
The plan expects to issue a general investment consultant RFP on April 15.