The town approved the search in May to “see what else is out there” after hiring its incumbent firm in 2014.
The plan’s board also voted to place a domestic large-cap value manager on watch.
Audax Private Debt has closed its third direct lending fund, representing the largest in the firm’s history.
The partnership matches the firms’ expertise in fixed-income, inflation-sensitive and small-cap equity strategies.
The search is due to the contract expiration of its incumbent investment consultant.
Mario Giannini, executive co-chair of private markets firm Hamilton Lane, will retire next year.
The agencies have issued an RFP seeking investment advisory services for a combined portfolio valued at approximately $1.8 billion.
The retirement system also voted to recommend the liquidation of an international small-cap equity manager at today’s investment committee meeting.
The city rehired its incumbent investment manager following an RFP issued in May.
The town hired a firm to provide investment advisory services for its operating and capital funds portfolio this month.