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The township is seeking the services on behalf of its $17.1 million general fund.
The firm’s president retired today after eight years at the company.
District plans to invest a minimum of between $20 million and $200 million under the guidance of the selected firm.
The search is due to the upcoming contract expiration of incumbent Empower Retirement.
The pension trust hired two new core-plus fixed-income managers at its meeting yesterday.
The plans are seeking comprehensive administrative, investment advisory and custodial services.
The retirement system approved two private equity commitments for pacing purposes and diversification yesterday.
He is currently evaluating other opportunities after departing the $11.5 billion retirement system in February.
The pension plan hired a new firm to provide administrative, investment advisory and custodial services last month.
The plan is looking to invest $50 million in the selected strategy.