Searches And Hires
The firm will manage separate mandates for the city’s pension plan and OPEB Trust.
The retirement system made five private markets commitments totaling $160 million last year.
The retirement system added a second manager to its fixed-income portfolio last month.
The pension fund also trimmed an underperforming manager’s mandate by 30%.
The commitments include two new relationships for the plan.
The retirement fund also disclosed commitments totaling roughly $1.5 billion in March.
The treasury has issued its RFP seeking fixed-income investment managers for its $1.6 billion liquidity and $4.4 billion reserve accounts.
The retirement system will also consider hiring managers in its diversifying strategies manager searches this week.
The board recently made private credit and private equity commitments totaling $208.5 million.
The plan will interview three firms in a domestic small-cap value equity manager search next month.
