The retirement system also hired three firms in its diversifying strategies manager searches yesterday.
The retirement fund received three proposals in response to its fixed-income consultant RFP.
The city expects to commence a new contract on July 1.
The plan’s retirement administrator will also retire this year after 32 years.
The plan selected a new investment advisor in 2021 following a similar search.
A university based in a Southern state has launched a search for a retirement plan consultant.
The pension trust first hired the firm as its new consultant in 2019.
The retirement system will also consider hiring managers in its diversifying strategies manager searches this week.
The firm appointed a director to oversee the groups responsible for endowment and foundation public and private investments, relationship management and business development.
The city received four proposals in response to an RFP issued in January.