The search is being conducted due to the upcoming contract expiration of incumbent Hyas Group.
The system is seeking a consultant for its cash and endowment pools after conducting a similar search in 2019 for standard due diligence purposes.
The plan will interview three firms in its general investment consultant search next week.
The consultant will continue to advise the pension fund and OPEB Trust.
The search is being conducted due to the incumbent’s contract expiration.
The 401(a) plan was created in 2021 after breaking away from the state pension plan.
The plan will issue its general investment consultant RFP in the coming weeks.
The search is due to the upcoming contract expiration of its incumbent.
The pacing plan and target allocation changes were recommended as part of an annual real estate program review.
The plan also made a $50 million long/short equity investment last month.
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