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The university’s current v.p. and coo will retire in December after 17 years of service.
The retirement system approved a contract with a domestic core fixed-income manager last month.
Fifth Third Bank and Nuveen currently provide investment management services for the city.
The firm is looking to build out its investment solutions and multi-asset class portfolios.
The firm will open a new office in West Palm Beach, Fla. on Aug. 1.
The retirement fund is conducting the search due to underperformance from its incumbent domestic large-cap value equity manager.
The role has been vacant following the promotion of the former deputy to cio last year.
The retirement plan terminated a global macro hedge fund manager in the first quarter.
The retirement system committed to the next fund in a series after its last commitment to the manager in 2022.
The plan hired its current investment consultant following its last search for the services in 2021.
