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The city will go into negotiation with the top-ranked firm in its investment manager search.
The city is seeking the services for its defined contribution and deferred compensation plans with $877 million in total assets.
The pool is seeking the services across two bond investment mandates.
The retirement system approved issuing the RFPs last month due to standard state procurement laws.
Sean Sullivan has joined Octagon Credit Investors as managing director and head of private credit.
The retirement system appears to be considering alternatives for an underperforming incumbent.
The plan will look to conclude its private markets consultant search next month.
The firm has named a successor for Wesley LePatner, a real estate executive that was killed at the firm’s New York headquarters in July.
The pension fund hired a pair of international growth equity managers at this week’s board meeting.
The pension plan will conduct a search for one or more core/core-plus real estate managers as part of a newly approved real assets fiscal year 2026 investment plan.