The city is looking for a firm to oversee its $69 million in non-pension funds.
The authority is looking for an advisor for its $600 million portfolio.
The plan expects to launch the search in January as its incumbent’s contract is slated to expire on June 30.
The state fund is looking for taxable municipal bond managers.
The equity team of Smith, Graham & Co. Investment Advisors will join Dana Investment Advisors, sources have confirmed.
He joins the firm with 25 years of industry experience, the last 15 of which were spent in senior roles across leveraged credit.
The selected firm will replace an incumbent that was terminated earlier this year.
The plan also decided to not continue with its REIT manager search.
The vehicle closed at its hard cap and was oversubscribed with investors, including current and former management team members, foundations, diversified financial institutions, university endowments and family investment offices.
The search comes after the incumbent was hired for a three-year contract in 2019.