The plan terminated its active international value equity manager in December due to underperformance.
The city expects to award a contract on April 20.
The plan agreed to conduct two domestic equity manager searches to potentially replace existing mandates with the same firm.
The plan added a 3% target to global infrastructure as part of a new asset allocation that was adopted yesterday.
The firm acquired an advisory team that oversees more than $5.8 billion in client assets.
The plan expects to issue a notification of award on Sept. 11.
The plan will consider hiring two international equity managers to handle up to $700 million total this week following a search from last year
The plan hired five multi-asset credit managers today as part of its previously approved return-seeking fixed-income structure.
The plan made private equity commitments totaling $60 million this week.
The incumbent submitted the sole proposal in response to the authority’s RFQ.