The plans launched a search in June to review the services with their incumbent.
Global multi-boutique asset manager Pacific Current Group has acquired a minority equity stake in a women- and minority-owned private credit manager.
The plan issued an RFP earlier this year due to the firm’s contract expiration.
The district hired a new firm to provide record keeping and administration for its retirement plans this week.
The plan last conducted a search for the services in 2017, when it rehired its incumbent.
The firm closed its latest flagship global private equity program with $12 billion in total capital.
GLOBALT’s leadership has purchased the firm and is now operating independently.
The plan is seeking a full discretionary investment manager for its assets.
The plan is seeking services related to record keeping, administration, marketing and enrollment, among others.
The plan’s investment committee will recommend the commitment to the full board at an upcoming meeting.