The city has issued an RFP seeking an investment consultant for its pension funds.
The plans’ incumbent was most recently rehired in 2017.
Plan retained its incumbent consultant over proposals from four other firms.
Contract renewal with incumbent investment consultant followed an annual review.
He will work on research projects, construct manager searches and interact with investment firms.
The plan followed its lead consultant to his new shop.
The city is searching for a consultant for its three pension funds with nearly $3 billion in assets.
The plan will issue the RFP in June due to the upcoming contract expiration of incumbent RCLCO.
County’s 457 plans have not previously contracted for the services.
The plans have launched a search seeking investment consulting services.