The village received 12 proposals in response to an RFP issued in September.
The plans are reviewing recommendations to replace three existing managers.
The officer will lead firmwide portfolio execution and value creation efforts.
The managing director will serve on the firm’s capital markets team.
The retirement system recently replaced its domestic small- to mid-cap value equity manager.
The retirement system also considered approving a 2026 private markets pacing plan last week.
Janus Henderson will rank among the top 10 model portfolio providers in North America upon the transaction’s close.
The retirement plan approved a new long-term asset allocation policy and 2026 private markets pacing plan in the fourth quarter.
The division head will retire at the end of the year.
The analyst serves on the internal portfolio management team.