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The foundation has hired an investment analyst to help oversee its portfolio and provide research, reporting and due diligence of external managers.
Stewart Hay has joined Northleaf Capital Partners as vice chair of global investor solutions after retiring from abrdn last year.
The search is to replace Christina Elliot, who departed the plan on Dec. 2.
The city’s deferred compensation and defined contribution plans replaced a domestic small-cap value equity manager today and its defined benefit plan will schedule finalist presentations in its large-cap growth search for next month.
The appointments include one internal promotion and one external hire.
The plan hired an index manager to oversee a Russell 1000 Growth Index allocation and named another passive provider to its bench.
John Mendell has joined the firm as a managing director in its investor relations group.
The plan voted to issue an RFP for the services due to the upcoming contract expiration of one of its providers.
The advisor will be responsible for $187 million in non-pension assets.
She is responsible for LAM’s business development in the region.