The manager has welcomed two new sales professionals in the Midwest and Southwest.
The pension fund will see its incumbent executive director and cio retire after more than 20 years in the position.
The contract of the plan’s incumbent investment consultant is expiring.
Empower Retirement currently provides the services for the city’s deferred compensation and defined contribution plans.
The pension fund is seeking a manager to handle a diversified real assets strategy that must include commodities, precious metals and infrastructure/real estate.
The plan recently made four private markets commitments totaling $325 million.
The plan is seeking passive managers for strategies across equity and fixed-income.
The plans will interview four consultants later this week.
The city is seeking financial planning, fiduciary services, investment management, participant education and strategic guidance for its plans.
The foundation has hired an outsourced cio to manage the university’s endowment and associated assets following a search process from last year.