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A West Coast county tapped a new investment advisor for its $350 million surplus property fund last week.
The venture and growth equity investment arm of J.P. Morgan Asset Management appointed two partners.
Monte Tarbox has been named the new permanent cio of the New York City Retirement Systems after serving as interim cio since January.
The area native will be responsible for manager research, asset allocation modeling and risk analysis across the portfolio.
The managing director will focus on return-seeking investments across public and private equity, real assets and private credit.
The retirement system also concluded its real estate search for debt, opportunistic and value-add managers.
The firm added a v.p. to its investment team.
The plan committed to a fund specializing in aerospace and defense earlier this month.
The new hire will lead ORIX Corporation USA’s capital formation strategy.
The deferred compensation plan also replaced its multi-strategy real estate manager last week.
