The hire concludes a search to replace a current underperforming manager.
The plans terminated their core real estate manager last month.
The city is seeking a bundled provider for two retirement plans totaling more than $1 billion each.
The city is searching for a firm to administer and provide investment management services for its pension trust.
The pension plan disclosed a private equity commitment made last month at yesterday’s board meeting.
The plan made an up to $50 million commitment to an existing relationship at its meeting last week.
The plan will also issue RFPs for global fixed-income and domestic small-cap core equity managers.
The plan currently has two international small-cap equity managers.
The search will be conducted due to the upcoming contract expiration of incumbent Albourne.
The endowment has issued an RFP seeking companies, funds or projects for its new impact investment program.