The deferred compensation plan received a total of six proposals in its investment consultant search.
The district is searching for its first outside investment advisor.
The manager lost its director of direct lending last month.
The retirement fund also adopted a new asset allocation to take advantage of higher interest rates.
The plan has hired its fourth global unconstrained equity manager.
The switch was made after a change in the incumbent firm’s ownership.
The new outsourced cio will handle the town’s pension and OPEB trust.
The manager will handle a portion of the county’s $600 million portfolio.
The plan expects to commit a total of $75 million to the two strategies.
The plan promoted from within for its new ceo.