Matthew Borstein has joined CIM Group as managing director and co-head of credit.
The county is searching for an investment manager to oversee its roughly $61 million investment portfolio.
Voya Financial is the incumbent record keeper for the city’s two retirement plans.
District plans to invest a minimum of between $20 million and $200 million under the guidance of the selected firm.
The pension trust hired two new core-plus fixed-income managers at its meeting yesterday.
The plans are seeking comprehensive administrative, investment advisory and custodial services.
He is currently evaluating other opportunities after departing the $11.5 billion retirement system in February.
The pension plan hired a new firm to provide administrative, investment advisory and custodial services last month.
The North Carolina House passed a bill on Wednesday that will see the creation of a pension board to oversee investment of the $126.5 billion North Carolina Retirement Systems.
D. E. Shaw Investment Management raised $1.3 billion in commitments for its second capital optimization fund.