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The plan approved a recommendation from plan staff after tabling a decision from last month.
The retirement system most recently rehired its incumbent general investment consultant in 2019.
The search is now open to core and value managers.
Private markets solutions provider P10 has entered into an agreement to acquire Stellus Capital Management.
The borough has issued an RFP seeking investment management advisory services for its $5.5 million pension plans.
The fund is slated to discuss an RFP at its February board meeting after exploring the addition of new managers in 2017 and conducting a search for firms in 2015 that was ultimately placed on hold.
The firm’s global head of investment research, a newly created role, joins after 25 years at WTW.
The city consolidated to one provider following a similar search process launched in 2015.
The firm has expanded the leadership of its investor solutions team with four senior hires.
The plan will target $600 million to private credit this year.
