San Antonio Fire & Police Pension Fund is searching for a firm to run an international private equity strategy, said recently released board meeting minutes.
The $2.6 billion pension fund does not issue RFPs. Investment consultant NEPC will assist.
Additional information, including an allocation size, could not be learned by press time.
Separately, the pension committed $15 million to Medley Opportunity Fund III, a private debt fund managed by Medley Capital.
The pension fund previously committed $10 million to predecessor fund Medley Opportunity Fund II in 2012.
Matthew O'Reilly, chief investment officer, could not be reached for additional information by press time.