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.
The retirement plans are searching for independent investment consulting services.
The new hire will focus on fixed-income, whole loans, CRA and real estate.
The plan will interview the manager for a potential commitment at its January meeting.
The agency issued an RFP seeking services for its capital funds earlier this year.