The pension plan is seeking passive index and transition advisory services as it readies a long-awaited transition out of a larger fund.
Appointment comes in anticipation of the incumbent’s impending retirement.
The pension disclosed two private equity commitments from May that totaled $60 million.
The plan agreed to extend a relationship with RVK that dates to 2006.
Avance Investment Management has hired Mark DeVincentis as a partner and head of capital formation and investor relations.
Appointment also establishes a New York office for the firm, which is headquartered in Cleveland.
Firmhas appointed Carras Holmstead as a partner on its investment team.
New deputy cio previously held the same position for New York City’s Bureau of Asset Management.
The village will review proposals related to investment services for its $70 million in cash deposited in an insured cash sweep account.