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Firm will provide discretionary management of the city’s $78 million portfolio.
The plan disclosed two recent commitments totaling $900 million and named a replacement for CFO Barry Faison, who will officially retire on Dec. 31.
The plan’s contract with its current consultant will expire in April.
The plan will have further discussions on adding a 3% initial target to private equity at its November board meeting.
The plan concluded its ESG-focused manager search in the second quarter.
The plan will issue the RFIs as its looks to put its contracts out to bid due to their upcoming expirations.
The plan will receive a list of active duration fixed-income managers next month.
HarbourVest Fund XII closed with over $3 billion in commitments.
He will also retain existing responsibilities as CEO of the firm’s Americas business.