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The plan is beginning a consultant search for due diligence purposes.
The retirement system finalized a pair of new manager relationships last week.
The city expects to select a firm on Oct. 21.
The retirement system is seeking three non-U.S. equity managers to handle a total of $25 million.
Swetha Ramachandran has joined RBC Global Asset Management as a portfolio manager on the global equity team.
The search is being conducted to potentially replace un underperforming incumbent.
The retirement fund is seeking both minority-, women- and disabled-owned commingled fund managers and Africa-focused buyout, growth or special situations managers.
The retirement board is seeking the services on behalf of its defined benefit pension plan and VEBA trust.
The retirement system also made a value-add real estate commitment last week.