The plan will search for active and passive strategies for a total of up to $1.3 billion.
The plan approved the two manager searches at a board meeting yesterday.
The city is seeking help with investment performance reviews and fund manager searches.
The authority is seeking a firm to review investment transactions and provide performance reports.
The plan’s investment consultant began a replacement search in the fourth quarter.
The termination stems from an upcoming co-portfolio manager departure.
The plan has issued an RFI for active quantitative investment management services.
The plan also hired two global equity managers at a meeting this week.
The search is open to primary and secondary options.
The plan will interview the two finalists in April.