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The investment consultant was also rehired in 2019 following a similar RFP process.
The retirement plan also made a private equity commitment in the first quarter.
The plan terminated its incumbent mid-cap core manager last month.
The firm is reportedly exploring a sale, a topic discussed by one client at an investment committee meeting today.
The plan will also terminate two existing hedge fund managers.
The retirement system is looking to invest up to $15 million to the strategy.
The plan also made two private equity commitments at its board meeting today.
The town hired a firm to provide non-discretionary investment advisory services for its various trust funds.
The retirement plan approved a private equity search to review the market for complementary funds to its existing lineup.
