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The pension plan received a recommendation from staff to amend its private equity sub-asset class targets last week.
The search is being conducted due to the current chief risk officer’s retirement.
The search will not include the plan’s two incumbent firms.
The plan expects to hire a new domestic mid-cap growth equity manager later this month.
The two emerging managers-of-managers were first hired in 2020.
The city is seeking a firm to review the appropriateness, adequacy and effectiveness of its investments.
The plan made several changes to its manager watch list at a recent meeting.
The firm has closed its latest vintage in the firm’s flagship private equity strategy.
The search comes as the plans’ incumbent provider was acquired by Mercer.
The deputy cio is leaving the fund to join a Midwestern retirement system as its next investment head as its previous cio left to join a global infrastructure manager.