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The plan liquidated its $8.5 million hedge fund-of-funds mandate in May.
The plan will issue an RFP for general and alternatives consulting services next week.
The new commitment follows one the plan made to a predecessor fund in 2019.
The plan is seeking a new executive director to replace Bob Wilson, who will retire later this year.
He will implement investment strategy and oversee portfolio construction and trading.
The city’s three pension plans added a second core real estate manager in May.
He was most recently chairman and ceo at global contract research organization PRA Health Sciences.
He will be responsible for helping lead capital markets activities across all aspects of the investment and portfolio management processes.
They join the firm from Highmark Capital Management and Guggenheim Investments, respectively.
The plan also slated domestic small-cap growth equity manager finalist interviews for its September meeting.