IFM Investors has appointed Claudia Marciano as head of global consultant relations.
Funding for the new domestic small-cap growth mandate comes from a passive investment with RhumbLine Advisers.
The new co-presidents have been with the firm since 2011.
The plan will move the assets with the state investment trust.
The plan committed $60 million across three funds at its board meeting today.
The firm was terminated due to the plan’s overweight to international non-large-cap securities.
City is seeking investment services for its $215 million investment portfolio.
The plan has begun a request for services for a consultant.
The plan put in a full redemption request with its sole real estate manager.
The current consultant’s contract is set to expire later this year.