Searches And Hires
The plan will interview three firms in a domestic small-cap value equity manager search next month.
The plan will also search for private debt and infrastructure managers later this year.
The city received four proposals in response to an RFP issued in January.
The deferred compensation plan also terminated its global large-cap growth equity manager in February.
The city is seeking investment management and advisory services to provide discretionary services for its $25 million investment portfolio.
The pension fund launched a search for managers earlier this year.
The plan will issue a private credit RFP in July that will be open to diversified, direct lending and senior secured strategies.
The town is searching for administrative, investment advisory and actuarial services for its plans.
The terminations include three underperforming managers.
The fund will consider committing $50 million to an existing private equity manager within its portfolio as staff recommended adding a strategy with General Partner stakes.