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The hire followed a search launched in April for a single manager to handle $250 million to $300 million.
The plan hired a passive international equity manager to replace an active mandate in May.
The search is due to the June 30, 2025 contract expiration of the plan’s incumbent.
The defined contribution plans have issued a general investment consultant RFI for best practices.
A foundation based in the Midwest allocated to an emerging markets equity strategy with a focus on sustainability last year.
The pension plan has also hired a senior investment analyst of real assets.
The firm’s current managing partner and ceo will retire early next year.
The city will interview three small-cap core managers in October.
The retirement plan is screening for managers in the securitized credit, short-term investment grade and bank loan asset classes.
The plan also disclosed two new commitments.