The selected firm will provide investment consulting services for a $140 million trust.
The plan is seeking one or more managers to handle a portion of its short-duration pool.
The contract of the city’s current investment advisor is set to expire.
The position had been vacant for one year.
The plan made a decision in its opportunistic credit search after an RFP process initiated in March.
The plan committed to new funds by exiting managers at a meeting last week.
The plan will consider two funds from existing managers.
The city is seeking discretionary investment management services for its OPEB Trust.
The current cio will retire later this year.
The RFP will seek one or more short-duration high-yield fixed-income managers.