The global financial services firm has entered into a definitive agreement to acquire UBS Asset Management’s O’Connor alternatives investment platform.
The retirement system’s ad hoc search committee will conduct on-site visits with three firms in June.
The retirement system made a change due to the incumbent’s portfolio turnover and subsequent strategy deviation.
Devitt serves as a senior investment advisor at financial services company Moneta, where she also held the position of cio from June 2021 through January 2024.
The systems hired a core fixed-income replacement following finalist interviews held last week.
Van Martin has been appointed head of U.S. consultant relations.
The water authority is seeking the services on behalf of its approximately $1.1 billion investment portfolio.
The plan also received a trustee request for a competitive bid process for investment consulting services.
The new six new appointments join a team led by Founder, CEO and CIO Scott Graves.
The pension system added up to $80 million across asset class strategies in February.