The retirement system terminated an international value equity manager, which has been on watch, at a recent board meeting.
The pension plan decided to stick with its incumbent at a meeting this week.
Clearhaven Partners has closed its second fund at more than $580 million.
The search comes as their incumbent’s services are being acquired.
The firm has promoted three members of its team to managing partners.
The city is searching for an advisor for its approximately $82 million in assets.
The authority issues an RFQ for the services on a yearly basis.
He joined the plan in 2021 from a pension plan in Virginia.
The selected firm will provide continuous review of the plan’s investment policy statement, maintain a broad database of investment managers, assist in investment manager searches, prepare monthly reports and more.