The plan made private equity and private credit commitments for pacing purposes.
The plan unanimously decided to retain its outsourced cio after an RFP process.
The plan is also slated to discuss alternative asset mixes for its fixed-income portfolio.
The plan elevated its core-plus bond manager to watch status.
The plan made real estate and infrastructure commitments at a meeting this month.
The retirement plan’s first cio appears to have departed after joining in June.
The firm will serve as the plan’s maiden investment consultant.
The plan’s domestic large-cap portfolio will now be passively managed.
The city last conducted a similar search in 2018 that resulted in the hire of a new record keeper.
The search, which is open to direct lending strategies only, is for a manager to handle $10 million.