Search is due to the upcoming contract expiration of the plan’s incumbent investment consultant.
The plan committed to two firms following finalist interviews held today.
The plan awarded blank contracts with five firms for up to 10 years.
The hires conclude a private credit manager search launched in June.
The plan reissued an RFP for a consultant to assist with direct investments.
The plan intends to invest $4.8 billion in a passively managed broad-based market index fund.
The plan approved a private debt commitment for pacing purposes at its board meeting today.
The city has retained Hyas Group on behalf of its deferred compensation plans.
Plan is seeking a core-plus real estate manager to handle a $20 million allocation for standard due diligence purposes.
The plan’s investment committee selected one firm in its emerging market debt manager search.