The search is to replace a manager terminated at last month’s board meeting.
The town is searching for a firm to assist in managing a customized investment program.
Managing director of investments has accepted a new position outside the plan.
The search for domestic large-cap core equity managers is required by state statute.
The plan hires two firms to manage a maiden liquid absolute return target.
The pension fund made four private equity commitments of equal size at a board meeting yesterday.
The plan made several private markets commitments last quarter.
The cio will join a clean energy company in the same capacity.
The plan committed to two follow-on funds and one new manager.
Search was approved last year due to the expiring contract of its current investment consultant.