The firm added a v.p. of institutional business development this month.
The agency is looking for a consultant to oversee roughly $50 million in non-pension funds.
The plan’s investment committee voted today to rehire its incumbent real estate investment consultant.
The search is due to the upcoming contract expiration of its incumbent, which saw its contract extended by a year to allow for the search.
The plan is seeking two or more managers to handle roughly $2.9 billion.
The advisor will assist with investing city funds.
The plan rehired NEPC as its general investment consultant in April following a search launched in January.
The firm will provide investment consulting services for approximately $80 million to $100 million in operating and capital funds.
The city issued the RFP in April due to the incumbent’s contract expiration.
The town is seeking record keeping and administration services for its 401(a), 401(k), 457 and Roth IRA plans.