City Comptroller Mark Levine has directed the Bureau of Asset Management to bring $750 million in investments to the five pension boards as part of a $4 billion plan.
The university elected two alumni to join its board of trustees, which serves as custodian for its investment portfolio and administers the invested funds.
The state agency is seeking a consultant to advise and manage investments related to its conservatorship program, which provides fiduciary services to manage assets on behalf of veterans.
The investment consultant added an analyst to help conduct investment manager due diligence, perform asset allocation studies and monitor portfolio performance.