Searches And Hires
The commitments include two new manager relationships for the council.
The plan is looking to invest up to $35 million across the two strategies.
The city will go into negotiation with the top-ranked firm in its investment manager search.
The pool is seeking the services across two bond investment mandates.
The retirement system approved issuing the RFPs last month due to standard state procurement laws.
The retirement system appears to be considering alternatives for an underperforming incumbent.
The plan will look to conclude its private markets consultant search next month.
The pension fund hired a pair of international growth equity managers at this week’s board meeting.
The pension plan will conduct a search for one or more core/core-plus real estate managers as part of a newly approved real assets fiscal year 2026 investment plan.
The retirement system expects to issue the RFP in November.