The pension plan rehired its incumbent consultant in 2021 following a similar search.
The New York-based authority rehired the firm to provide pension fund investment advisory and trustee services last month.
A group of investors led by B Capital that included the California Public Employees’ Retirement System has agreed to acquire Russell Investments.
The university is seeking an investment consulting firm to oversee its retirement and deferred compensation plans as its incumbent provider’s contract is expiring in the forth quarter.
The plan rehired its current consultant after a similar RFP process in 2019.
The trust is seeking a firm to provide investment consulting services for its $60 million portfolio.
The retirement system also made three commitments at its investment committee meeting last week.
The plan last conducted a similar search in 2021.
The plans currently work with general investment consultant Innovest Portfolio Solutions.
The firm will manage a total of $70 billion between the two corporate plans.