The search is due to the upcoming contract expiration of Meketa Investment Group.
The plan is looking to allocate up to $250 million to emerging managers.
The plan has asked its consultant to come back with U.S. mid-cap growth and value manager options.
The city is looking for a consultant for its defined benefit, deferred compensation and operating funds.
Monte Tarbox will step in as interim cio of the more than $300 billion systems as part of new City Comptroller Mark Levine’s transition team.
The all-cash transaction is valued at approximately $7.4 billion.
The plan promoted from within for a director to lead and manage the SISS team.
The three firms failed to meet the New York City Retirement Systems’ climate expectations, Comptroller Brad Lander says.
The retirement trust doubled its allocation to a recently hired real estate manager at its board meeting this week.