Medalist Partners and Semper Capital Management have expanded their partnership in the structured credit space.
The plan added a new domestic large-cap growth equity option to its lineup in May.
The town issued an RFP in February seeking a firm to provide non-discretionary services for a short-term and medium-term investment portfolio.
The authority was scheduled to hire a firm last week after launching a search in May.
The retirement system is searching for a director of asset allocation to join its investment team.
The searches are part of an implementation plan for its newly increased target allocation to yield-driven strategies.
Michael Hill will join the plan in September from another Canada pension plan.
The fund represents the firm’s largest to date after it exceeded a $5 billion target.
The retirement system has filed a civil complaint against former general investment consultant Aon Investments USA stemming from an error in the reporting of investment performance results.
The city issued an RFP earlier this year due to its purchasing policy.