The plan committed to two funds following finalist interviews this week.
The plan selected one firm to manage a customized private equity co-investment program.
The plan is considering two private markets managers for its emerging manager program.
The plan made a commitment to one new manager alongside two follow-on commitments.
The city hired two firms to replace a previously terminated core fixed-income manager.
The plan is looking for potential replacement managers due to asset outflows and personnel turnover at its incumbent.
The investment committee approved selections after interviewing three finalists today.
The commitments represent the plan’s first investment in the asset class.
The consultant will be responsible for a $3.7 billion opportunity portfolio.