The plan is set to hire its first cio after first having discussions on creating the position in 2021.
The plan is looking to commit more than $900 million to private markets.
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.