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The merger is expected to close at the end of the first quarter.
The city awarded a contract to an investment advisor last year after issuing an RFP for the services in July.
The retirement fund approved increases across private equity, private credit, private value-add real estate, MLPs and marketable alternatives this week.
The pension board will also target $1 billion to non-traditional equity strategies.
MPowered Capital’s investment in A1A Investment Partners is part of its GP Structured Partnership seeding strategy.
Outsourced cios can use their expertise to both execute and advise institutions in a quick and efficient manner in today’s complex investment environment, industry professionals find.
The commitments were made this year under delegated authority.
The retirement plan hired a core-plus fixed-income manager to complement its more conservative incumbent.
The senior advisor and vice chair will work alongside the firm’s global head of institutional business and co-heads of global wealth.
The retirement fund is targeting private equity finalist interviews at its February and March board meetings.