Daily Feed
The fund approved one-year contract extensions for its general investment consultant and alternatives specialist consultant through 2024 at its board meeting earlier this month.
The plan will hold a second round of finalist interviews in its consultant search next month and committed to an existing private equity manager in February.
Total capital available for deployment exceeds $2.8 billion when combined with firm’s levered investment vehicles.
The fund’s close brings the firm’s total capital commitments to more than $8 billion since its 1992 inception.
The plan terminated its active international value equity manager in December due to underperformance.
The city expects to award a contract on April 20.
Sarah Bernstein serves as a managing principal and head of sustainability for investment consulting firm Meketa Investment Group, celebrating her 20 year anniversary with Pension Consulting Alliance/Meketa late last year.
The firm brought on a managing director to lead its asset management equity real estate portfolios.
The search is being conducted to enhance returns and minimize fees.
The plan’s private markets consultant will present a private debt portfolio update this week.
