The pension fund previously extended the contract of its transition managers by one year.
The firm will manage approximately $6.4 million in an initial investment account.
The city previously issued an RFQ for the services in December due to its incumbent’s expiring contract.
A foundation based in New England is looking to hire an investment manager to oversee its approximately $100 million investment portfolio.
The village expects to select a firm at its Aug. 4 board meeting.
The trust previously rehired its provider in 2019 after a similar RFP process.
The township expects to award a contract by July 1.
The fund has extended the deadline for proposals in its search for firms to provide investment management services to June 5 from May 16.
The $109.6 million pension plan is searching for a firm to provide investment advisory and custodial services.
The water authority is seeking the services on behalf of its approximately $1.1 billion investment portfolio.