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GW&K Investment Management has named Partner Michael Clare as its new president.
The private equity firm closed its most recent fund with $670 million in capital commitments.
The plan approved a $40 million core infrastructure commitment last week to fill a new allocation to the asset class.
The U.S. and Israel’s joint strike against Iran over the weekend has prompted retaliation across the Middle East that sent oil prices surging, though industry experts believe the markets can absorb those levels in a short-lived conflict.
The retirement fund announced the promotion of its general counsel to the executive director role last week.
The termination stems from an upcoming co-portfolio manager departure.
The retirement fund anticipates final selection and approval in the third quarter.
The city is seeking the services for its $107 million in operating funds.
The plan approved the RFPs last week for best practices and due to the evolution of its portfolio through the addition of private markets.