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Search is for a consultant to oversee a 2% portfolio to private credit approved in August 2020.
New cio begins in the position next month and joins from a fellow Illinois-based pension plan.
The current director of investments has served in the role since 2019.
The plan hired Verus as its new general investment consultant at a meeting today.
Plan’s incumbent tangible assets consultants were the only respondents to an RFQQ issued in February.
The restructuring will next eliminate three more managers next month.
The retirement system has issued an RFP seeking general investment consulting services.
Authority is searching for a firm to oversee its $175 million deferred compensation plan.
County is searching for a firm to manage $20 million in its safekeeping account.