The new manager replaces the plan’s mandate with Western Asset Management.
The plan launched a search over the summer for the position after the retirement of Kanoe Margol.
The plan is seeking firms to provide general and alternatives consulting services.
The plan is seeking a single firm to provide administrative, investment advisory and custodial services.
She has been with the consulting firm for the past 14 years in what has been a total of 35 years in the industry.
The city issued an RFQ in October seeking the services for its $25 million portfolio.
The plan approved implementing an intermediate strategy at its November meeting.
The district’s full board will receive a recommendation in the search next week.
The plan also placed a domestic equity manager on watch due to underperformance.
The plan previously retained its incumbent following a similar search in 2019.