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New investment consultant hire follows an invitation-only search from 2020 conducted as part of a periodic review of third-party services provided.
Asset management firms owned by women and people of color are at least three times more likely to employ diverse teams when compared to firms led primarily by white men, according to a new study.
The search is open to core, core-plus and high-yield bond managers.
The plan hired a core infrastructure manager to move closer to its 3% infrastructure and natural resources target.
City committed to a $4 billion investment goal in 2018.
He will oversee strategy, process and approach for the firm’s fixed-income strategies.
Oaktree has also bought a minority stake in Veleta Capital.
The $3.5 billion acquisition was first announced in July.
City is searching for a firm to oversee its $30 million investment portfolio.
He will manage global emerging markets and Asian equities strategies.