The deferred compensation plan recently replaced its domestic mid-cap value equity manager due to underperformance.
The city hired a new investment advisor for its more than $227 million investment portfolio.
The co-ceo has been with the firm since its founding in 2001.
The search is being conducted due to the upcoming June 30 retirement of Executive Director Richard Stensrud.
The retirement system also recently made commitments totaling $585 million.
The deferred compensation plan replaced its domestic large-cap value equity manager last quarter.
The new ceo has been with the retirement association since 2021.
The plans named three finalists in their joint RFQ seeking general investment consulting services for public markets yesterday.
The new hire will focus on expanding the firm’s institutional investor relationships.
The retirement association will consider appointing a new ceo this week.