Two anonymous private pension plans are seeking core-plus fixed-income managers.
The plan interviewed a total of five finalists at yesterday’s board meeting.
The plan is conducting the search to comply with state procurement laws.
The town is seeking an inaugural investment manager to manage its non-pension assets.
The plan also terminated a fixed-income manager last month.
The pacing plans call for a total of $105 million to private markets this year.
The county is seeking a manager to handle two portfolios totaling $14 million.
The plan’s current advisor will see its contract expire on Sept. 30.
The current TPA contract is set to expire on June 30.
The plan’s current domestic large-cap growth equity manager will see a portfolio manager change.