The city is searching for a firm to manage a customized investment program.
The plan is looking to diversify its domestic large-cap value equity portfolio.
The plan committed to four firms that represent new relationships.
The plan recently made five real assets and venture capital commitments.
The search is due to underperformance from a current manager.
The firm will begin its new contract on Jan. 10.
The plan will interview two to three hedge fund managers in the next two months.
The plan is considering commitments to four private equity funds and one credit strategy.
The plan is seeking a firm to provide fiduciary investment advisory services.
A total of three funds were hired as part of a private credit pacing plan.