The Kinterra Battery Metals Mining Fund closed above its fundraise target with $565 million in committed capital.
The plan will issue an RFP for domestic core fixed-income managers as part of a restructure approved at this week’s board meeting.
Expansions will help the systems reach their goal of having 15% of U.S.-based actively managed investment assets with diverse-owned firms by 2025 and 20% by 2029.
The value-add real estate manager has appointed two new senior v.p.s.
The pension fund added $11 million in non-core real estate commitments at today’s board meeting.
The retirement fund was scheduled to review a general investment consultant draft RFP this week.
The plan committed $80 million across four funds to complete a recent search in the private equity space.
City is seeking investment advisory services on behalf of its $4.2 million 457 and $6.1 million 401(a) retirement plans.
Plan committed up to $17.5 million across two first-time funds last month.