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The firm has launched three actively managed, equity mutual funds focused on generating competitive investment returns through responsible investing.
The town made an award in its search for an investment manager to oversee an educational fund after issuing an RFP in the fourth quarter due to the impending contract expiration of the incumbent provider.
He leads the middle market private equity firm’s business development team.
The hire concludes the pension plan’s search for a core-plus fixed-income manager to handle between $130 million and $150 million.
The plan’s current manager was first hired in 2017.
The plan hired its new executive director from within its organization following a search from earlier this year as its leader is set to retire.
The position will lead and provide oversight for the private markets portfolio and head a team of four.
The firm added the new client portfolio manager to its team this week.
The plan hired a new manager to handle roughly $37 million at its board meeting last week following a recommendation from its general investment consultant this summer.
A global investment firm has received a growth capital investment to expand business lines, including its nonprofit clients.