Plan added a $20 million private equity commitment at its board meeting Thursday.
The plan will move the assets into international equity and emerging markets equity.
Plan will finalize three private equity commitments and a real estate commitment this week.
Plan expects to narrow its global low volatility search to finalists for interviews next month after an initial cutdown of proposals.
The largest change was a 5% reduction to the plan’s multi-sector credit allocation.
Plan has issued an RFP for general investment and private assets consulting services after postponing a previous search in 2018.
Plan retained both private credit and hedge fund consultants following a search conducted last year.
The city’s five systems approved allocations to public equity climate change solutions on Friday.
Plan is seeking a pool of domestic large-cap equity managers as part of an RFP issued this month.