Searches And Hires
The plan is looking to invest with two open-end core real estate managers.
The plan also disclosed two recent private markets commitments.
The authority issued its annual RFQ for investment management services in December.
The office has issued an RFP seeking a firm to provide portfolio management services for its trust and custodial accounts totaling approximately $50 million.
The retirement fund had been expected to post the RFP today.
The pension plan received a recommendation from staff to amend its private equity sub-asset class targets last week.
The search will not include the plan’s two incumbent firms.
The plan expects to hire a new domestic mid-cap growth equity manager later this month.
The two emerging managers-of-managers were first hired in 2020.
The city is seeking a firm to review the appropriateness, adequacy and effectiveness of its investments.