The board recently approved real estate commitments and increased previously made private equity commitments.
The new hire will lead the firm’s fixed-income division and oversee proprietary funds and strategies.
The pension plan has issued an outsourced cio RFP in anticipation of CIO Randy Baum’s retirement in October.
The deferred compensation plan previously conducted a search for the services in 2018.
The retirement fund also terminated a global equity manager-of-managers and made commitments totaling $695.6 million in October.
The city has issued an investment consultant RFP for its deferred compensation program, which consists of four plans.
The incumbent domestic small-cap growth equity manager had been on watch due to personnel changes and underperformance.
The firm’s sixth private equity fund surpassed its $4 billion target.
The plan hired two firms to implement emerging manager programs of up to $400 million each for real estate and real assets.