The trust previously rehired its provider in 2019 after a similar RFP process.
The retirement system will launch the search soon for pacing purposes.
The retirement plan interviewed the firm in closed session at today’s board meeting.
The upcoming search stems from a new domestic equity structure approved today.
The departing partner also leads the investment consultant’s diverse manager research and investing.
The retirement system’s upcoming search will comply with state procurement laws.
The plan committed to two funds after interviewing five finalists this month.
The retirement plan hired a new consultant for the first time since 2009.
The managing principal has led the firm’s sustainability efforts since 2022.
Nearly $2.2 billion in assets are up for bid across the searches.