The pension plan recently made commitments to two existing manager relationships.
The town received three proposals in response to an investment advisor RFP issued in September.
The newly appointed president and ceo has been with the firm since 1990.
The deferred compensation plan received six proposals in response to an RFP issued in January.
Strong performance in both global equity and fixed-income markets boosted returns for U.S. institutional plan sponsors in the third quarter, according to newly released data from Northern Trust.
The deferred compensation plan will conduct a search to add a complementary manager to its U.S. bond option.
The retirement system made three private equity commitments for pacing purposes yesterday.
The new hires will help lead Ceres Partners’ private equity strategy.
The district last issued an investment advisor RFP in 2018.
The pension plan replaced its global large-cap growth equity and domestic core-plus fixed-income managers in the second quarter.