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The city has yet to determine a date for final selection.
The retirement system rehired its incumbent following a similar search in 2018.
The retirement system hired a senior investment officer to expand its staff dedicated to diverse and emerging managers.
The county last conducted a similar RFP in 2020.
The village votes on a recommendation at its Oct. 17 board meeting.
The deferred compensation plan also received proposals from Fiduciary Consulting Group, NFP Retirement, SageView Advisory Group and USI Consulting Group.
The plan first hired the firm in 2018.
Chaz Cocuzza has joined Avante Capital Partners as a managing director.
The plan is seeking a fund-of-one structure to manage an initial 3% of its long-term 7% target to the asset class.
The senior director of private equity joined the firm last month from a pension fund.