The plan received three proposals in response to an RFP issued in April.
The fund exceeded its $3 billion target.
The new hire joined the firm yesterday from MetLife Investment Management.
The pension plan will also receive a staff recommendation to place one of its private equity fund-of-funds managers on watch this week.
The new research associate also serves as a member of the firm’s traditional investment manager search committee.
The town received six proposals in response to an RFP issued in January.
The retirement system added a maiden 5% private credit target as part of a newly approved asset allocation in September.
The retirement system is conducting the search ahead of its incumbent’s contract expiration.
The retirement system will seek a core fixed-income manager to handle 11% of its fixed-income portfolio.
The commitments were part of a 2026 private equity recommendation from general investment consultant Marquette Associates.