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The plan opted to retain its current provider for the services.
The city’s retiree health care trust funds hired a firm for the services following a search conducted in 2020.
The board is seeking plan administration and investment management services for its two retirement plans.
The city last conducted an investment advisor search in 2018.
He will oversee the firm’s global equity research function in the newly created role.
The retirement system hired a new manager at its board meeting yesterday after finalist interviews were held in March.
The $604 million investment portfolio is currently managed internally by the city.
The fund has committed more than $600 million of capital to acquire a fleet of 62 aircraft.
The retirement system added the two new asset classes as part of a completed asset allocation study.
The plan’s current consultant has been in place since 2006.