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The retirement association has hired an investment officer from the private wealth management space.
The authority is seeking general investment consulting services on behalf of its union and non-union pension plans.
The plan is hoping to capture more alpha through the manager change.
The plans rehired their general investment consultant today after issuing an RFI for best practices in August.
The plan will interview three finalists in its global equity manager search in March.
The retirement system will conduct a search for three fixed-income mandates.
The plan launched a search in September for a restructuring of its opportunistic bond portfolio.
The new co-head of alternative credit has been with the firm since 2019.
The selected firm will provide the services for four retirement plans.
The retirement board wrapped up domestic equity, non-U.S. equity and fixed-income searches at its board meeting this week.