The pension plan will consider approving a private debt manager search and a new 2025 fiscal year asset allocation policy for its four systems this week.
The new global cio of fixed-income will succeed Franck Dixmier, who is leaving the firm.
The pension plan received a recommendation to hire a real estate manager last month.
The pension plan approved three commitments with an existing manager relationship last week.
The plans approved commitments with two existing manager relationships last week.
The pension plan will consider hiring one firm to provide hedge fund, credit and real assets consulting services next week.
The new hire is being integrated into the firm’s collateralized loan obligation platform alongside Managing Director and Portfolio Manager William Lemberg, who will be retiring in the spring of 2025.
The deferred compensation plan’s active global large-cap growth equity manager had been on watch since the third quarter due to underperformance.
The city has issued an RFP seeking record keeping, administrative and compliance services for its plans.
The pension plan hired two infrastructure managers in an effort to build out its natural resources/infrastructure allocation in April.