The plan transitioned to an external currency emerging market debt mandate to move away from its incumbent local currency mandate.
The city launched a search in December seeking a firm to assume a fiduciary role in performing consulting services.
Private capital firm Coller Capital today announced a strategic minority investment in the firm from Hunter Point Capital.
Glynn Capital has hired Thomas McGannon to focus on private and public markets investments.
The RFI follows a key departure from the plan’s general investment consultant.
The city is seeking a consultant for its 457 and 401(a) plans.
The city made the hire at a December council meeting after issuing an RFP in July.
The plan is seeking the services for its investment portfolios totaling approximately $58 million.
The appointment follows the resignation of its former director last month.