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The city is seeking investment management and advisory services to provide discretionary services for its $25 million investment portfolio.
The pension fund launched a search for managers earlier this year.
The firm added a senior managing director and head of consultant relations from a real estate investment firm.
The firms have enhanced their partnership to expand access to institutional-quality private market capabilities across wealth and retirement channels.
The plan will issue a private credit RFP in July that will be open to diversified, direct lending and senior secured strategies.
The town is searching for administrative, investment advisory and actuarial services for its plans.
The chief investment strategist assumed the newly created leadership role this month and will also serve as a primary spokesperson for the firm.
The terminations include three underperforming managers.
Crescent Cove Fund IV was oversubscribed and with support from a diverse base of institutional investors.
