Marathon Asset Management today announced the final close of its second global opportunistic credit strategy.
The city is seeking investment manager services for its two investment portfolios.
He rejoins the plan after serving as a portfolio manager earlier in his career.
Towers Watson, the consulting business of WTW, has appointed Craig Baker as chief investment strategist.
The plan will interview three international equity managers, including its incumbent, this summer.
The hires follow a search process conducted due to the termination of one of the plan’s fixed-income managers last year.
The city is seeking plan administrators for its $11.1 million 457 and $2.7 million 401(a) plans.
The firm will assist the plan with its upcoming executive director recruitment process.
The retirement system selected the firm following finalist presentations held at a board meeting last week.
The plan has rehired its incumbent after issuing an RFP in January.