The plan also made several adjustments to its traditional growth portfolio at its meeting last week.
Chicago retiree health plan is seeking a general investment consultant to sign a five-year contract.
Search is for a cio to solely serve the city’s police and fire retirement system.
Plan’s investment committee will review a recommendation to rehire the incumbent consultant.
Plan hired a new active core fixed-income manager to split its overall bond allocation this week.
Plan is surveying the market for private credit and credit-related consulting services due to the evolution of its non-core fixed-income portfolio.
The plan disclosed new private equity, credit, portable alpha and real estate commitments at a meeting today.
Plan added infrastructure and private equity buyout commitments at today’s meeting.
Plan hired a new emerging market debt manager to handle a $10 million allocation today.
Plan will seek one core firm and one core-plus bond manager to split a proposed long-term target of 24% to the overall asset class.