The town is seeking investment advisory services for its surplus funds.
The two firms announced today that they will combine their firms.
The search is due to the upcoming contract expiration of its incumbent.
The plan rehired its incumbent private equity consultant last month.
The fund exceeded its $600 million hard cap with commitments from new and existing investors.
Brooke Wilson has been promoted to executive director of performance reporting for the firm.
The plan has begun a search seeking passive investment management services.
Geoff Dailey will become the new head of U.S. equities later this year.
The plan will seek approval to liquidate a $51 million mandate, with $15 million going to cash and the remainder to international equity.
One fund is dedicated to early-stage investing while the other focuses on venture growth-stage opportunities.