Empower Retirement currently provides the services for the city’s deferred compensation and defined contribution plans.
The plan recently made four private markets commitments totaling $325 million.
The fund will also review a high-yield fixed-income manager search request from staff at its June 13 board meeting.
The global head of equities will depart the firm later this month after holding the position since 2021.
The plan made a real assets commitment with an existing manager relationship last month.
The plan will issue an RFP due to the upcoming contract expiration of incumbent Northwest Capital Management.
The pension plan was notified of a $150 million private equity commitment this week.
The fund has exceeded its initial target of €2 ($2.2) billion.
The authority is seeking an investment advisor for its retirement plan.
The plan’s domestic mid-cap value equity manager had been on watch due to underperformance.