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Stephen Fitzsimmons joined RBC Global Asset Management as an institutional portfolio manager for BlueBay U.S. Fixed Income on July 25.
The new hire is responsible for business development and consultant relations in North America.
The county is looking to consolidate to a single record keeper for its 457 plan.
He announced his departure at the plan’s board meeting today.
The retirement programs manager will manage and administer the system’s 457(b) Deferred Compensation Companion Plan as well as a new tiered 401(a) Defined Contribution Retirement Plan.
The railway’s board is searching for an investment advisor to help implement a trust fund, which will have an initial $1.6 billion allocation.
The retirement plan has narrowed its core fixed-income search to two finalists.
The pension plan recently committed approximately $2.2 billion total to eight funds and terminated an existing credit strategy.