The plan received a report from its consultant after launching the search in February.
The university recently selected a new core bond manager to replace a recently terminated manager within its quasi-endowment.
The plan is looking to invest $100 million in a liquid credit strategy.
The search is related to services for its $1.1 billion in operating and bond funds.
The city’s police and fire and general retirement systems will interview three fixed-income managers at next week’s joint board meeting.
The organization is seeking an advisor with a history, especially with fixed-income securities, to provide investment and depository services.
The system will discuss an implementation plan for the new asset allocation policy next month.
The fund will also review a high-yield fixed-income manager search request from staff at its June 13 board meeting.
The plan will issue an RFP due to the upcoming contract expiration of incumbent Northwest Capital Management.
The foundation is seeking an analyst to join its four-person public investments team.