The plan will interview two finalists at its board meeting this week.
The town will stick with its incumbent manager to oversee its portfolio.
The plan is searching for a firm to provide a variety of investment advisory, monitoring and reporting services for all private markets and alternative investment strategies.
The plans conducted a search earlier this year after its former provider was acquired.
A Texas retirement system is losing a portfolio manager to a West Coast pension.
Plan liquidated its 5% risk parity allocation in March and reallocated the target to hedge funds, a new allocation for the plan.
The plan’s investment committee initially received an asset/liability education in May.
The plan issued an RFP last year due to the contract expiration of its incumbent.
The firm focuses on buyouts of middle market businesses with operational improvement potential.
The district was slated to rehire Chandler Asset Management to provide investment management services.