The plan is relaunching the search after contractual agreement with previously selected did not conclude.
The plan adopted a new asset allocation last month.
The city is seeking a manager to handle its $45 million in non-pension assets.
The search is due to the June 30, 2025 contract expiration of the plan’s incumbent.
The plan also disclosed two new commitments.
The plan promoted from within to replace outgoing global head of private equity.
The commitments were made for pacing purposes.
The plan also retained two emerging market fixed-income managers.
The retirement association is considering the two asset classes to replace its commodities portfolio.
The increases are a result of a new asset allocation study.