The plan committed to two private debt funds at a board meeting last month.
Aristotle Capital Management expanded its investment team with two new hires
He joins the firm later this year from AllianceBernstein.
City is seeking a pool of investment managers for its accounts that have an aggregate market value of approximately $6.8 billion.
The plan will look to commit up to $400 million across two venture capital funds later this month.
The firm closed its ninth growth buyout fund with commitments totaling $7 billion.
The investment pool has selected a new firm to provide bundled provider services.
Swetha Ramachandran has joined RBC Global Asset Management as a portfolio manager on the global equity team.
The search is being conducted to potentially replace un underperforming incumbent.
Aviva Investors has made two senior hires on its distribution team in the Americas as it looks to expand its capabilities in the region.