The firm’s new president will succeed Eric Stevenson, who will retire in 2026 after seven years in the position.
The retirement system made three private equity commitments totaling $100 million in August.
The pension plan approved asset allocation changes within its domestic equity, real estate and private markets portfolios yesterday.
The incumbent submitted the sole proposal in response to an RFP issued in May.
The retirement system previously authorized a change to its $37 million investment with the hedge fund manager at a Feb.19 meeting.
The associate research analyst joined the firm from Harris Associates.
The program will also invite its domestic mid-cap growth equity manager to present at a future board meeting with the intent of placing the firm on watch due to underperformance.
The city has yet to determine a date for final selection.
The village votes on a recommendation at its Oct. 17 board meeting.
The deferred compensation plan also received proposals from Fiduciary Consulting Group, NFP Retirement, SageView Advisory Group and USI Consulting Group.