Consultant/OCIO/Discretionary
Searches for high-yield fixed-income managers and a general investment consultant were approved at today’s board meeting.
The retirement system will interview three general investment consultant finalists next month.
The university selected a discretionary advisor to select managers, handle executive asset allocation decisions, develop investment strategies and manage the investment processes after issuing an RFP for the services last year.
The search is being conducted ahead of its incumbent’s contract expiration.
The retirement system hired two firms to manage its 51% private markets portfolio.
The plan’s current real assets consultant will see its contract expire this year.
The retirement system is searching for a firm to conduct a one-time asset allocation review.
The retirement board last rehired its incumbent following its last search in 2018.
The retirement system’s ad hoc search committee will conduct on-site visits with three firms in June.
The firm has hired a senior investment consultant to work with institutional clients, including foundations, endowments, healthcare organizations and retirement plans.