The retirement fund’s trustees asked for more information before hiring one firm as the primary consultant and a second for carve-out services following finalist interviews at today’s investment committee meeting.
The state treasurer’s office retained its incumbent sustainability-focused investment consultant following a search from earlier this year as the incumbent had reached its statutory 10-year maximum term.
The authority has issued an RFQ seeking firms that provide investment accounting, investment performance and analytics and investment policy compliance software for its two portfolios totaling roughly $24 billion.