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The corporation made four awards, two each in the second and third quarters, as part of its search for debt and equity funds to create a balanced catalyst fund.
The pension plan expects to issue an RFP to potentially replace a terminated core real estate manager next year.
The plan adopted a new asset allocation mix at its board meeting yesterday.
The search is required by standard state procurement laws.
The position will assist with the implementation and monitoring of internal and external investment strategies.
The city is searching for a firm to provide the services related to its operating and capital funds totaling approximately $60 million to $70 million.
The plan approved two commitments at a board meeting this week.
The plan last conducted a search nearly a decade ago.
The plan’s current manager was first hired in 2017.
The fund closed at $2.23 billion, oversubscribed relative to its $1.6 billion target.
