The plan made commitments with two existing managers’ latest funds.
The plan will receive private equity and real estate commitment recommendations at tomorrow’s meeting.
The city is seeking an investment manager for its $18 million in pension fund assets.
The plan’s deputy cio had originally joined at the end of 2021.
The plan is looking to invest up to $175 million initially with the selected manager.
The plan disclosed two private equity commitments at a board meeting yesterday.
The new asset allocation includes slight increases to several portfolios.
The private markets firm secured more than $3.2 billion in capital commitments for the program.
Miller Value Partners announced today the completion of the acquisition of a majority stake in the firm by Bill Miller IV.
The plan hired a new investment advisor at a meeting earlier this month.