The plan interviewed two core-plus fixed-income managers at a board meeting last week.
Two portfolio managers are stepping down from the Virtus Stone Harbor Emerging Markets Income Fund next month.
The city is seeking investment advisory services for its $1.5 billion investment portfolio.
An RFP was issued in May and the incumbent will also continue advising the district’s defined contribution plan.
The plan is seeking a firm to provide retirement plan administration, record keeping, technology, compliance, employee education and investment platform services.
The plan will interview three investment consultant finalists after issuing an RFP in May.
The searches come as the plan looks to increase the amount of active management in its global equity and U.S. small- to mid-cap equity portfolios.
Avista Capital Partners is rebranding as Avista Healthcare Partners.
The plan added a private equity commitment with an existing manager earlier this summer.
The plan’s investment consultant recommended the termination due to the firm’s underperformance.