The retirement system received six proposals in response to an RFP issued last year.
The retirement system approved three real estate commitments totaling $45 million this week.
The retirement fund also terminated a Russell 1000 Growth Index fund manager today.
The authority is seeking a firm to manage its “core $80 million fixed-income bond portfolio.”
The retirement association was notified of credit, private equity and real estate commitments last week.
The city expects to issue an RFP and evaluate proposals by the plans’ May 7 board meeting.
The plan will continue to manage its investments in-house.
The retirement system terminated its sole public diversified real assets manager last month.
The deal “will create one of the largest active global asset management firms.”
The retirement association will issue a real estate consultant RFP this quarter due to the upcoming contract expiration of its incumbent.