Consultant/OCIO/Discretionary
Seth Almaliah and John Marco will lead the next era of growth at the investment consulting firm.
The search is being conducted due to incumbent Callan’s upcoming contract expiration.
The board also recently made a private equity commitment.
The termination stems from personnel turnover at the firm.
The consultant will be responsible for a pension fund and an OPEB Trust.
The retirement system retained its incumbent after an RFP process last quarter.
The system expects to issue a general investment consultant RFP tomorrow.
The executive v.p. and director of research has been with Callan since 1989.
The state pension fund will hire a consultant for its risk diversifiers portfolio at this week’s board meeting.
The plans currently work with general investment consultant Segal Marco Advisors.
