The city decided to continue with its incumbent investment manager following a search launched in September.
The plan hired a global equity manager to replace its incumbent, which was liquidated this summer.
The city, which has not employed an advisor in the last five years, made the hire last month.
The plan will welcome Kristin Varela as its new cio next month.
The plan will receive a recommendation to restructure its equity portfolios at a meeting this week, including terminating managers.
The search comes as the plan’s initial five-year contract term with its incumbent is slated to expire on May 31.
The plan disclosed several new private markets commitments in its December board meeting materials.
The program is seeking consulting services related to design, implementation, administration, procurement, best practices and more.
The plan hired a new executive director after launching a search earlier this summer due to the retirement of its former director.
The CLO manager will combine with Investcorp’s global credit platform.