Consultant/OCIO/Discretionary
The university is searching for an investment consultant to review its 401(a) and 403(b) defined contribution plans and their operations.
The deputy cio will focus on portfolio construction, manager research and business development.
The firm hired an industry veteran to serve as senior v.p. to lead its outsourced cio practice, implement best practices and expand business development.
The plan’s board is slated to approve Wilshire as its new general investment consultant this week.
Plan’s investment and operations committee will recommend one finalist to the full board later this month.
The investment consultant will advise on the county’s deferred compensation plan and OPEB plan.
The plan expects to select a general investment consultant in November.
The firm has $40.4 billion of $1.4 trillion in client assets invested with diverse managers.
The search comes as the incumbent’s contract is set to expire at the end of the year.