The plan made a hire at a special board meeting last month.
The retirement plan is looking to replace an existing core-plus fixed-income manager.
The retirement system also terminated an international growth equity mandate.
The pension plan has named a new executive director after its previous director resigned.
The city’s deferred compensation plan currently has three investment consultants.
The plan’s incumbent was rehired in 2015 following a similar RFP process.
The retirement system conducted a similar search in 2016 when it rehired its incumbent manager.
The finalists will present their middle market private credit strategies next month.
The firm will be tasked with assisting on an upcoming record keeper search.
The firm will see the retirement of one of five portfolio managers on its U.S. small-cap growth equity team at the end of June.