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The retirement fund had been expected to post the RFP today.
Consulting firm’s cio joined Verus from Russell in 2013 and is responsible for the overall investment and risk output, for both discretionary and non-discretionary clients, as well as for the final determination of the firm’s overall investment positioning.
The plan has been expected to issue an RFP this year and will begin the search process next week.
The city is searching for firms to provide services for its various funds.
The firm’s new managing director will focus on growing North American investor relationships.
He brings decades of infrastructure investing expertise to the role.
The pension plan received a recommendation from staff to amend its private equity sub-asset class targets last week.
The search is being conducted due to the current chief risk officer’s retirement.
The search will not include the plan’s two incumbent firms.