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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.
Fund’s investors included a $1.3 billion commitment from the C$714.4 ($525.2) billion Canada Pension Plan Investment Board.
The retirement system added a new 10% target to the asset class in May.
The city does not currently utilize an investment advisor for its $455 million in cash and investments.
The retirement system’s director of public equity was also honored before his retirement later this month.
A university based in the Midwest is looking to hire a new director of investments following a recent departure.
A hospital system based in the Midwest is looking to add a public equities managing director.