The search stems from the upcoming Jan. 31 contract expiration of incumbent Empower Retirement.
The search is being conducted for best practices.
The pension plan received a recommendation to hire two infrastructure managers and disclosed two private equity commitments last month.
The pension plan will consider hiring five non-U.S. equity managers and approving a new private equity portfolio structure this week.
The pension plan liquidated its approximately $1.9 billion global equity mandate and made commitments totaling $1.6 billion in March.
The city expects to generate a shortlist of candidates to conduct interviews with on July 29.
The plan currently works with general investment consultant CAPTRUST Financial Advisors.
The city expects to select a firm by July.
The city received three proposals in response to an RFP issued on behalf of the plan in February.
The board was notified of a recent domestic high-yield fixed-income manager hire for two of its investment plans.