The cio is retiring after more than 10 years with the board.
The cio role has been newly formalized as a standalone position at the alternative investment firm.
The plan is looking to allocate up to $250 million to emerging managers.
The town is seeking non-discretionary investment advisory services for its multiple trust funds.
The plan is seeking stable value manager services for an approximately $2.1 billion mandate.
The managing director will serve on the firm’s capital markets team.
The retirement system recently replaced its domestic small- to mid-cap value equity manager.
The retirement fund hired a value mandate to complement its international growth equity mandate last month.
The retirement association made 13 commitments totaling more than $900 million.
The manager had been on watch since 2024 due to underperformance.