The plan is seeking small-cap, small- to mid-cap and large-cap managers in a search open to core, growth and value styles.
The plan will also receive a domestic large-cap growth equity manager search report next week.
The plan will look to identify potential replacements for its current international value equity manager.
The search is being planned to potentially replace an existing manager.
Searches for high-yield fixed-income managers and a general investment consultant were approved at today’s board meeting.
House Bill 506 shifts sole responsibility of the investment decisions for the state pension fund from the treasurer to a newly created, multi-member investment authority.
The retirement system will interview three general investment consultant finalists next month.
The retirement system approved private equity commitments across two managers at today’s board meeting.
The plan hired a new domestic fixed-income manager earlier this year.
The city is seeking to consolidate to a single bundled services provider from its current four.