The city is seeking investment advisory services for its roughly $2 billion in combined cash and investment portfolio.
The town is searching for a consultant on behalf of its 457(b), retirement health savings and 401(k) plans.
The plan is seeking firms to handle a roughly $72 million allocation.
The plan added a follow-on private equity commitment at a board meeting last week.
The retirement system approved a new bundled provider/record keeper following diligence and presentations from three finalists.
The search is being conducted as part of best practice purposes.
Appointment follows appointments to the same role for both EMEA and Asia.
The plan added a third investment officer as it continues to build out its investment team.
The retirement system appears to have last conducted searches for the services in 2014.
The new state investment officer joins from an Illinois-based defined benefit plan.