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The city is seeking investment advisory services on behalf of its 457, 401, Roth IRA and Retirement Health Savings Funds.
The plan committed roughly $1.2 billion total to four new managers and two existing managers in October.
The plan promoted a 10-year veteran of the firm to the new position.
The plan will fund the allocation from its intermediate bond manager.
The fund is seeking a firm to provide all program management services, including compliance, investment, administration and record keeping, after hiring a firm in 2018 at the onset of the program.
The Midwestern university-affiliated foundation added a global private equity commitment to an existing manager in the third quarter.
Institutional investor incorporation of ESG into investment decision-making processes was down year-over-year, however, foundations and endowments integrated ESG at the highest rate, according to a recent survey.
The managers are looking to drive continued inflows and be better positioned for the future through their performance, product development and regulatory compliance.
The fund approved transferring the assets of its three portfolios effective Jan. 1 alongside its first investment policy for the combined pool of assets at its November board meeting.
The university has promoted a senior portfolio manager to managing director following a search for the position after its previous managing director retired.