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The trust will have a new investment head at the start of the year as longtime CIO David Gonino is set to retire after 42 years in the industry.
The firm has hired Jeff Runnfeldt to serve as cio of its newly acquired global multi-manager investment platform.
The city is searching for a firm to provide services for its $70 million portfolio.
The firm underperformed for two consecutive calendar quarters.
The firm is winding down after losing significant assets in November.
The selected investment consultant will assist with an upcoming record keeper search.
The pension plan aims to commit $700 million to private equity next year and placed three managers on watch at its board meeting last week.
The firm has added two new members to its private assets team to further develop its infrastructure capabilities.
The new global head of sales and marketing succeeds Alexander Preininger, who had been on leave due to personal circumstances and is now departing the firm.
The RFPs will seek managers to handle 10 different strategies.