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The authority issues an RFQ for the services on a yearly basis.
The city is seeking a bundled provider for two retirement plans totaling more than $1 billion each.
The trust’s new executive director joins from an Oklahoma plan.
The city is searching for a firm to administer and provide investment management services for its pension trust.
The pension plan disclosed a private equity commitment made last month at yesterday’s board meeting.
The plan made an up to $50 million commitment to an existing relationship at its meeting last week.
The plan will also issue RFPs for global fixed-income and domestic small-cap core equity managers.
The plan currently has two international small-cap equity managers.
The plan now has two investment officers focused on ESG.
The position will report to Director of Private Equity Allen Waldrop.