The plan terminated a core real estate manager that had been on watch since March for both organizational and performance reasons.
The plan approved one private equity commitment and opted against a second last week.
The plan added commitments totaling $45 million in the last several months.
The county rehired Public Trust Advisors for the services in 2019.
City is seeking an investment manager to maximize earnings safely while meeting daily cash flow needs.
New director of institutional business development joins from Lazard Asset Management.
Plan disclosed $415 million in recent alternatives commitments from December.
The plan has scheduled a meeting with a manager after placing the firm on watch this quarter.
The plan added up to $340 million in commitments to existing private equity and real estate manager relationships.
The plan added up to $1.625 billion in new commitments at last week’s meetings.