Plan will begin addressing high-level considerations and formulating plans to begin redeploying assets in private markets investments after halting new commitments since 2016.
The plan’s first investment analyst began in the position on Sept. 26.
Plan added a direct real estate investment and a REIT investment to fill out a new 5% allocation to the asset class.
The authority is seeking investment advisory services for two plans totaling $13 million.
The plan is seeking a replacement following the July departure of its last executive director.
City is seeking a consultant to oversee its roughly $21 million deferred compensation plan.
The plan elected to retain its incumbent general investment consultant following finalist interviews held last month as a result of an RFP process.
The plan added commitments to a credit fund and a private equity fund this summer.
Plan will continue an ongoing review of potential alternative consulting options at next week’s board meeting.
The consulting firm is seeking long volatility and tail risk hedging managers on behalf of a $6 billion OPEB trust client.