The plan’s incumbent provider handles nearly $1 billion.
Search is for one firm to provide investment management services for city’s three retirement plans.
Plan made real estate commitments to two incumbent managers.
The town is looking to consolidate its record keeping services to one firm.
The trust fund will consider active management for U.S. small-cap and international developed markets equities.
Plan decided not to fund the mandate due to the ongoing Russia-Ukraine war.
Plan is searching for emerging markets and international equity managers.
Search is open to funds-of-funds specializing in a diversified opportunistic strategy.
Plan had issued an RFP for North American buyout funds.