Commitment is first of two to non-core real estate funds anticipated this year.
The plan committed $105 million for pacing purposes.
The plans’ incumbent was most recently rehired in 2017.
The city is searching for a consultant for its three pension funds with nearly $3 billion in assets.
The plan committed to two existing managers and bolstered its public equity staff.
The plan is looking to invest in private debt for the first time.
Commitments with two existing managers total $70 million.
The plan last conducted a search in 2015.
The plan is looking to invest $8 million in the asset class for the first time.
Axiom will manage a $100 million emerging markets equity portfolio for the plan.