The deferred compensation plan has replaced its domestic large-cap core equity manager, which had been on watch due to underperformance.
The transaction is expected to close on Jan. 1.
The water authority retirement plan replaced its domestic core-plus fixed-income manager in May due to underperformance.
The managing director will work with the firm’s originations team to source new transactions.
The city and county last issued an RFP for investment advisory and management services in 2019.
The town is seeking a firm or firms to provide investment advisory services for its investment portfolio, which is currently managed by staff.
The retirement system replaced its Standard & Poor’s 500 Index Fund manager to cut costs in July.
The head of investor relations will oversee the firm’s capital formation, fundraising and investor engagement initiatives.
The deferred compensation plan terminated two equity managers, which had both been on watch due to underperformance, in May.
The firm’s first head of U.S. consultant relations previously worked at Impax Asset Management.