Searches And Hires
The plan added approximately $300 million in commitments across August and September.
The plan will interview two finalists next month after narrowing the search from four firms last week.
The plan elevated its core-plus bond manager to watch status.
The plan made real estate and infrastructure commitments at a meeting this month.
The firm will serve as the plan’s maiden investment consultant.
The plan has narrowed a search to nine international small-cap managers for interviews with staff and its consultant.
The retirement systems will interview three finalists in its general investment consultant search at a special joint meeting next week.
The investment advisor will provide guidance in the management of the city’s approximately $53.7 million investment portfolio.
The plan’s domestic large-cap portfolio will now be passively managed.
The pension plan made a private credit commitment to an existing manager relationship last week.