The authority is slated to select a firm at its board of commissioners meeting in June.
The search is being conducted to diversify the program’s investment lineup.
The agency is slated to select a firm at its May 15 board meeting.
The deferred compensation plan replaced its domestic core-plus fixed-income manager yesterday due to underperformance.
The city’s pooled investment portfolio was previously managed by finance staff.
The retirement system made two private equity commitments with existing manager relationships earlier this month.
The new principal serves on the firm’s healthcare and life sciences team.
The deferred compensation plan will consider replacing its domestic core-plus fixed-income manager this week due to underperformance.
The search is being conducted as part of a previously approved investment consultant strategy.