Global equity manager ABS Global Investments has formed a strategic partnership with private equity manager Nile Capital Group
The retirement system approved an active international equity manager RFP last week.
The firm’s second institutional fund was oversubscribed and closed with $1.13 billion in total capital commitments.
The retirement system also disclosed a high-yield bond manager hire to complete a search launched last year.
The retirement system approved a commercial mortgage-backed securities commitment last month.
The city last issued an RFP for the services in 2021.
The oversubscribed fund closed with approximately $1.2 billion in capital commitments.
The firm’s new dedicated insurance solutions team includes two team member additions.
The plan committed $70 million total across three funds in the last several months.