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The retirement system also terminated the employment of its chief benefits officer.
The retirement system also hired three firms in its diversifying strategies manager searches yesterday.
The new asset allocation also eliminated the plan’s hedge funds portfolio.
The pension fund hired two firms to replace a previously terminated underperforming manager.
The retirement fund received three proposals in response to its fixed-income consultant RFP.
The plan launched a search earlier this year to replace an active domestic mid-cap core equity manager.
She will focus on business development and institutional fundraising efforts for the firm’s real estate strategies.
The announcement comes as current Global Equities CIO Steve Auth will retire later this year.
The city expects to commence a new contract on July 1.
The trustees failed to decide on commitments in a non-core real estate search after opposing motions that followed finalist interviews.