Searches And Hires
The selected firm will serve for an initial two-year term beginning March 1.
The retirement system terminated a domestic large-cap core equity manager earlier this month.
The fund has issued an RFP seeking an investment advisor to provide direct investment management and custodial services for its portfolio for standard due diligence purposes.
The fund expects to hear recommendations to add private markets and real estate commitments next year.
The system has issued an RFQ for firms to provide investment advisory services for its 401(a) and 457(b) retirement and deferred compensation plans.
The retirement fund is also scheduled to review a core infrastructure manager for potential inclusion in the portfolio in February.
The retirement system also hired an international all-cap growth equity manager and four infrastructure managers this week.
The city is seeking non-discretionary portfolio management services for its $40 million investment portfolio.
The decision followed finalist interviews with two firms at last month’s board meeting.
The pension fund terminated a pair of underperforming international equity managers last month.