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The state retirement system will interview three core fixed-income finalists next week.
The city is seeing discretionary investment management and consulting services on behalf of its approximately $75 million managed portfolio.
The retirement system also wrapped up its first fiscal year as an independent entity by outperforming its benchmark by more than 100 basis points.
The plan began a search earlier this year due to a departure.
The acquisition will expand Wilshire’s data, cost transparency and analytics capabilities for all clients.
Neuberger Berman closed its fifth global private equity co-investment fund with over $2.8 billion in capital commitments.
She joined the plan this week from another state retirement system in the Mid-Atlantic region.
The agency received three proposals in response to its investment advisor RFP.
The pension plans had been expected to move a portion of a previously terminated U.S. all-cap value equity mandate to the new small-cap value manager.
The retirement system also made two credit opportunities commitments last month.