Christine Cappabianca has joined Voya Investment Management as head of systematic equities.
The trust issued an RFP for an investment advisor due to the incumbent’s contract expiration.
The pension plan considered establishing a 5% target to either private equity or private credit last month.
The district issued an RFP in March seeking the services for its approximately $77 million portfolio.
The authority is searching for a firm to invest and manage approximately $230 million.
The search is being conducted as the plan’s incumbent will see its contract expire next year.
The plan is nearing a global core equity manager search as it looks to fill a new underlying 20% allocation.
The town hired a firm to provide non-discretionary investment advisory services for its various trust funds.
The state pension fund is considering a private markets emerging manager program and will issue an RFI as it looks to gather further insight into the process.