The retirement system disclosed $100 million in alternatives commitments finalized last month.
The city is seeking an investment advisor for its temporary idle cash.
The authority hired a consultant in its retirement plan investment advisor and consulting services search.
The agency will shift roughly two-thirds of its investment portfolio to a new active investment advisor.
The township is seeking the services on behalf of its $17.1 million general fund.
The firm’s president retired today after eight years at the company.
The retirement plan and health care trust are conducting separate RFPs due to incumbent contract expirations and state procurement regulations.
The fund surpassed its target with $800 million in capital commitments.
The fund reviewed roughly $1.7 billion in intended private equity and real estate commitments this week.
The middle market private equity firm has appointed Marcelo Claure as partner and co-chair.