The district received proposals from four consultants in response to an RFP issued in August.
The fund surpassed its target of $350 million.
The selected firm will serve for an initial three-year period.
The pension plan will consider replacing its REIT manager due to the firm’s underperformance.
She will assume the newly created role next year.
She leads the firm’s engagement with current and prospective investors.
The plan replaced its intermediate fixed-income manager due to personnel changes at the firm.
The municipality previously worked with investment advisor Callan.
The pension plan’s investment committee approved commodities, fixed-income and private credit commitments last week.
The pension plan liquidated an international equity mandate and made $1.8 billion in total commitments in September.
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