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The water district conducted a similar search process for the services on behalf of its short-term liquidity portfolio in 2019.
The city is seeking a firm to manage a portion of its cash portfolio.
The firms are working toward a definitive agreement, which is expected to be announced by the end of the quarter.
The manager hired a new senior v.p., portfolio manager and senior research analyst in support of its global and international strategies.
The retirement plan committed $20 million to a fund after narrowing a search from a group of 20 RFP responses.
The hires will conclude an RFP process that began in January.
The pension plan will conduct a search for its in-state private markets program and also recently hired a high-yield fixed-income manager.
The plan moved the assets to its passive core real estate manager.
The county issued an RFP in October seeking services for its Section 115 OPEB and Pension Trusts.
Pension fund staff will conduct further review the universe of active emerging markets ex-China funds as part of an expected search request later this year after the board agreed to divest its current passive allocation to the asset class from the country.