The plan committed to two existing managers and bolstered its public equity staff.
The township selected PFM Asset Management to provide various investment services for its pension funds following a search from the beginning of the year.
She will evaluate new opportunities, review industries of interest and oversee portfolio monitoring and strategic growth activities.
CIO departs $31 billion plan after less than a year in the position.
New policy increases the plan’s targets to private assets.
He will oversee all financial, accounting and capital markets functions.
He will advise on new investments in targeted healthcare and related sectors.
Firm will establish and actively manage a fixed-income portfolio with core and intermediate strategies.
New director joins from general investment consultant AndCo Consulting.
The plan will issue the RFP in June due to the upcoming contract expiration of incumbent RCLCO.