The retirement plan committed $20 million to a fund after narrowing a search from a group of 20 RFP responses.
Pension fund staff will conduct further review the universe of active emerging markets ex-China funds as part of an expected search request later this year after the board agreed to divest its current passive allocation to the asset class from the country.
The retirement fund is seeking managers to handle between $150 million and $350 million.
The pension plan and trust selected a new consultant in the third quarter following finalist interviews held at a special board meeting.
The global infrastructure manager has appointed Jonathan Popper as fund partner and head of asset management and value creation for the Americas.
The retirement system added a value-add real estate commitment in February that marks the third in a row with the manager.
The port authority is seeking retirement investment consulting services on behalf of its OPEB trust and defined benefit, deferred compensation and defined contribution plans.
The fund closed with $2.3 billion in total investor commitments, exceeding its $2 billion target.
The retirement system hired three global equity managers to replace its dedicated international and emerging markets equity allocations in the first quarter.
Global alternative manager today announced it is rebranding as Dawson Partners.