Consultant/OCIO/Discretionary
The retirement system received proposals from five firms following an RFP issued in January.
Expected services include investment consulting, plan administration and participant education.
The plans expect to issue an award notice on Dec. 19.
The plan most recently rehired its incumbent in 2019.
The hire concludes an RFP process that began in January.
The foundation issued an RFP in the fourth quarter of 2024 as it sought a discretionary firm that could help align its investments with its mission.
The system retained its incumbent outsourced cio for its endowment at its September investment committee meeting after conducting a search due to the firm’s expiring contract.
The plan opted to hire a new general investment consultant after 10 years with its incumbent.
The pension fund also approved a private equity commitment and retained its general investment consultant following a search.
A foundation based in the Midwest has selected a new investment consultant after conducting a search.