The plan’s incumbent consultant will see its five-year contract conclude next year.
The plan concluded its real estate and private credit searches in the past two months.
The retirement fund approved its first commitments to the private credit space after adding a maiden target to the asset class last year.
The pension plan made two commitments with existing manager relationships last month.
PFM Asset Management currently provides investment advisory services for the city’s investment funds.
The commitments were part of a 2025 private equity recommendation from general investment consultant Marquette Associates.
A total of six new sub-mandates were funded.
An authority overseeing a college savings plan in the Midwest has renewed its contracts with a record keeper and two investment managers.
A trust fund based in a Western state terminated one of its core-plus fixed-income managers during a recent meeting.