Searches And Hires
The commitments include three new relationships for the plan.
The plan replaced its domestic mid-cap growth equity manager due to underperformance.
The plan made several commitments in alternatives asset classes in November and December.
The hire concludes a search that was launched in August.
Plans hired a firm for the services following a search conducted in 2016.
The plan went with the incumbent manager in its domestic small-cap value equity search.
The investment advisor will serve for an initial one-year term.
The city is also looking to establish a deferred compensation committee.
A total of six new commitments and two terminations were reported this month.
The plan also committed to a non-core real estate fund and will redeem from a core fund.
