The district is looking to retain its incumbent firm to provide investment management and advisory services for its roughly $88.6 million investment portfolio.
The school district will look to make a hire for the services for its $3 billion portfolio later this month.
The plan launched a search last year ahead of its incumbent’s contract expiration.
Sheridan Capital Partners has closed its fourth fund at its hard cap with $1.1 billion in total institutional capital commitments.
The plan issued an RFP in June ahead of its incumbent’s contract expiration.
Michael Chambers has joined TCW as a managing director in its institutional advisory group.
The plan adopted a new target asset allocation that makes minor adjustments to its current policy at today’s board meeting.
The city is seeking services for its $450 million in operating and capital funds.
The town approved the search in May to “see what else is out there” after hiring its incumbent firm in 2014.