Searches And Hires
The organization expects to issue an RFP for investment managers and custodians in the coming months after its new investment advisor reviews its investment policy.
The city is seeking investment consulting services for its more than $1.3 billion in trust fund assets.
The pension plan recently made two commitments totaling $548.9 million.
The retirement fund is seeking primary direct private equity funds to handle up to $50 million in commitments.
The plan terminated its previous consultant less than one year into its contract.
The plan is seeking index managers to handle a total of $45 million.
The pension system added $240 million across the real estate, infrastructure and private credit asst classes last month.
The retirement system also made a venture capital commitment last month.
The retirement system also replaced two underperforming equity managers in the second quarter.
The pension plan was notified of two commitments totaling roughly $700 million this week.