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The city is seeking non-discretionary portfolio management services.
The firm’s latest fundraise will allow it to “target 5-7 businesses that the team is excited to own and build.”
The plan is seeking one or more managers to handle a portion of its short-duration pool.
The pension plan is seeking a firm to handle a mandate ranging between $400 million and $1 billion.
The city is seeking an investment advisor to handle $31 million of its roughly $244 million portfolio.
The contract of the city’s current investment advisor is set to expire.
The state retirement system added a private markets analyst from an investment consulting firm.
The city expects to commence a contract on Nov. 1.
The plans placed Wellington Management Company on watch this week due to the upcoming retirement of a partner and equity research analyst.