The city is seeking investment advisory services on behalf of its $305.9 million portfolio.
The city is seeing discretionary investment management and consulting services on behalf of its approximately $75 million managed portfolio.
The retirement system also wrapped up its first fiscal year as an independent entity by outperforming its benchmark by more than 100 basis points.
The pension plans had been expected to move a portion of a previously terminated U.S. all-cap value equity mandate to the new small-cap value manager.
The agency’s plans hired their first investment consultant following a search process conducted in 2018.
The global alternatives investment firm will acquire the U.S. private credit manager, which as $3 billion in assets under management.
The pension is expanding its emerging manager program into the public equity space after initial investments in alternatives starting in 2022.
The plan will move at least a portion of its roughly $57.4 million domestic small-cap core equity mandate to a passive option while it considers the role of the asset class as part of a broader public equity review.
The pension hired its incumbent consultant following a search conducted in 2025.
The retirement system added direct lending and core real estate commitments at today’s board meeting.