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The city is searching for a firm to provide full portfolio management of its $730 million investment portfolio.
The pension fund also hired a private markets analyst earlier this year.
The plan will see its incumbent’s contract expire on Dec. 31.
The district is seeking a provider for record keeping and administration, investment advisory and trustee services.
The firm will also provide services for the district’s 401(a) plan.
The search for core and core-plus managers is being recommended as part of a 2024 pacing plan.
The commitments made last quarter totaled nearly $20 million.
Aflac Global Investments has acquired a stake in San Francisco-based lower middle-market direct lender Tree Line Capital Partners.
Private credit manager Brinley Partners has hired Rex Chung as a partner responsible for the firm’s investor relations and capital formation activities.
Fortress Investment Group and Mubadala Investment Company, through its wholly owned asset management subsidiary Mubadala Capital, have completed the acquisition of 90.01% of the equity of Fortress from SoftBank Group Corp.