The foundation has issued an RFP seeking firms to manage and advise on its funds and investments as well as help with the development of an investment policy.
The pension plan expects to conclude the search at its June 12 board of investments meeting.
MissionSquare Retirement previously provided record keeping and administrative services for the authority’s plans.
The plan will consider a recommendation to conduct an RFP for one to two buyout/special situations fund commitments next year.
The town has hired a new record keeper for its deferred compensation plan.
The pension plan made two private equity commitments in August for pacing purposes.
The pension plan’s hedge fund committee approved four commitments and a manager termination at its meeting in October.
The manager was placed on watch last year for underperformance.
The pension plan created stand-alone target allocations for real estate and infrastructure and recently added a new member to its investment staff.
The plan committed to three real estate funds for pacing purposes.