PSG Equity announced the final close of its second Europe-focused fund with more than €2.6 ($2.9) billion in commitments.
The city maintains a $157 million investment portfolio of operating and capital funds.
The interviews follow searches conducted after approval of a new asset allocation mix this year.
The plan began a search for investment advisor services for its $34 million fund in June.
The plan began a search last November that was canceled earlier this year.
The city is looking for an advisor for its roughly $150 million in operating and capital funds.
The firm raised $9.7 billion in aggregate capital commitments across the two funds.
The plan’s private markets committee will recommend the commitment at a board meeting later this month.
The fund focuses exclusively on founder-led and family-owned businesses with EBITDA of more than $15 million.
The plan decided to move one of its active international equity managers to passive management following performance concerns.