The plan began searches for active domestic large-cap, small- to mid-cap and small-cap equity managers in February.
The pension plan has hired a new domestic large-cap value equity manager to handle $375 million.
The pension plan’s outsourced cio liquidated 17 investment strategies and transitioned the assets to five CITs in the second quarter.
The plan also terminated eight managers as part of a public equity implementation.
The city will interview three small-cap core managers in October.
A foundation based in the Midwest has hired a new managing investment director from the investment team at a nearby organization.
The retirement fund’s investment committee recommended a pair of terminations as part of several changes within its U.S. equity portfolio.
The plan will receive information on three real estate managers at its November meeting, which will also see a presentation from an underperforming domestic equity manager.
The pension plan hired a new domestic small- to mid-cap value equity manager and made commitments totaling $980.4 million in June.
The searches come as the plan looks to increase the amount of active management in its global equity and U.S. small- to mid-cap equity portfolios.