The new hire will focus on public funds.
The retirement system recently launched an RFP for investment consulting services.
The plan had been expected to conduct a search for the services due to its incumbent’s upcoming Dec. 31 contract expiration.
The plan also issued its RFP seeking passive fixed-income managers.
The plan’s current illiquid consultants will see their contracts expire.
The plan has hired a recruitment firm to assist in its executive director search.
The plan issued an RFP earlier this year due to the incumbent’s upcoming contract expiration.
The new manager will split the plan’s fixed-income portfolio with its existing core manager.
The selected firm will help in an upcoming plan administrator RFP.
The authority is conducting a search on behalf of its 457(b), 401(a) and retirement health savings plans.