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The search will target equity and debt strategies.
The firm’s current president will retire this week after serving in the role since 2006.
The town hired a new outsourced cio for its funds following the acquisition of its incumbent Vanguard Group by Mercer.
The plan has issued a request for quotations and qualifications for the services.
The new executive director joined the plan from the International Association of Machinists and Aerospace Workers National Pension Fund.
The firm has added two new members to its U.S. distribution team.
The retirement system made domestic mid-cap growth and value equity manager changes this month.
The retirement board selected a new emerging markets equity manager following finalist interviews held last month.
The retirement system has been working with its incumbent consultant since 1987.
The search for a manager to handle $30 million was approved at a board meeting last week.