Plan will seek real estate managers in the coming months and has scheduled emerging markets small-cap equity finalist interviews for August.
The search is required due to the upcoming contract expiration of its incumbent.
The new hires include two fund managers and an analyst.
Plan has launched an international small-cap equity manager search and concluded its U.S. small-cap core equity manager search with a hire at today’s board meeting.
City is seeking developed markets equity managers on behalf of its five pension funds.
The current global head of equities will become global cio next year.
The search is for active and passive international equity managers.
He begins in September, and will co-manage a global focus strategy.
The plan concluded an international large-cap growth equity manager search and approved a fiscal year 2022 real estate pacing plan.
The transaction is expected to close early next year.