Searches And Hires
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.
The retirement system will soon begin filling out its maiden 5% infrastructure target.