The commission received two proposals in response to an investment consultant RFP issued in August.
PFM Asset Management currently serves as the county’s investment advisor.
The new hire reports to Partner and Defined Contribution Team Leader Bill Ryan.
The authority is slated to select a firm at its board of commissioners meeting in June.
The search is being conducted to diversify the program’s investment lineup.
The agency is slated to select a firm at its May 15 board meeting.
The new co-presidents have been with the firm since 2011.
The deferred compensation plan replaced its domestic core-plus fixed-income manager yesterday due to underperformance.
The city’s pooled investment portfolio was previously managed by finance staff.
The retirement system made two private equity commitments with existing manager relationships earlier this month.