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65 Equity Partners has appointed Sean Murphy as partner and co-head of U.S.
The pension plan has replaced its domestic mid-cap growth equity manager due to underperformance.
The plans opted to retain the incumbent firm to provide administration and investment management services.
The state retirement system will interview three core fixed-income finalists next week.
The city is seeing discretionary investment management and consulting services on behalf of its approximately $75 million managed portfolio.
The retirement system also wrapped up its first fiscal year as an independent entity by outperforming its benchmark by more than 100 basis points.
The plan began a search earlier this year due to a departure.
The acquisition will expand Wilshire’s data, cost transparency and analytics capabilities for all clients.
Neuberger Berman closed its fifth global private equity co-investment fund with over $2.8 billion in capital commitments.
She joined the plan this week from another state retirement system in the Mid-Atlantic region.