The retirement fund received three proposals in response to an RFP issued in May 2024.
The retirement fund intends to allocate at least $200 million to open-ended, diversified core and core-plus infrastructure equity funds.
The group has issued an RFP seeking a firm to provide investment management services for up to three of its portfolios in a cost-efficient manner.
The search is due to personnel turnover at the pension fund’s incumbent fixed-income manager.
The city is looking for a consultant for its defined benefit, deferred compensation and operating funds.
The city is seeking portfolio management services for approximately $100 million in operating and capital funds.
The plan added $560 million in recent commitments across private equity, infrastructure and real estate.
The retirement system also approved private equity and real estate commitments totaling $60 million yesterday.
The plans previously worked with Corebridge Financial.
The authority is seeking a firm to manage its $2.2 billion portfolio.