This marks the retirement system’s third search attempt to fill an approximately $1.2 billion expected allocation.
The retirement fund is seeking a firm to provide objective third-party advice for its retirement fund assets.
The pension plans launched a search last May for due diligence purposes.
The retirement board will issue a global low volatility equity manager RFP early next week.
The new hire joins the department of the treasurer’s private equity investment team.
The city did not previously utilize a firm for the services.
Town is seeking investment advisory services for its police and fire pension and OPEB funds.
The plan approved three alternatives commitments at its board meeting last week.
The firm has appointed Kate Burke as its next ceo, effective later this summer.
The plan hired a new domestic small-cap equity manager last month, replacing a terminated incumbent manager.