Consultant/OCIO/Discretionary
The authority is seeking general investment consulting services on behalf of its union and non-union pension plans.
The plans rehired their general investment consultant today after issuing an RFI for best practices in August.
The selected firm will provide the services for four retirement plans.
The plan’s current consultant is nearing its 10-year term limit.
The foundation selected a firm to help it conduct a search for an outsourced cio to manage its portfolio.
The discretionary advisor has promoted two staff members as partners and five as managing directors as the firm opened its newest U.S. branch in Texas.
The investment consultant will oversee its approximately $2 billion portfolio after approving the RFP process in the fourth quarter.
The search is due to the upcoming contract expiration of incumbent Meketa Investment Group.
The plan’s current consultant will see its contract expire.
The plan is seeking general and private markets consultants for due diligence purposes.