The plan will issue an RFP next year ahead of its incumbent consultant’s final contract expiration.
The plan hired PFM Asset Management for investment advisory services for its bond proceeds.
The new investment advisor will replace the plan’s recently acquired incumbent.
The plan has issued an RFP seeking investment consulting services.
The plan approved one private equity commitment today and will interview another manager next month.
Geoffrey Berg has served as cio of the roughly $40 billion South Carolina Retirement System Investment Commission since 2016, taking over the role previously held by Hershel Harper Jr.
The plan has issued its RFP seeking a separate account manager to handle an approximately $750 million allocation.
The plan will discuss an existing international equity manager next month following underperformance concerns.
The plan hired two infrastructure managers last week to handle its maiden 5% allocation to the asset class.