Consultant/OCIO/Discretionary
The retirement fund also adopted a new long-term strategic asset allocation.
The retirement system previously extended its contract with incumbent Segal Marco Advisors for one year in October 2023.
The plan’s current consultant was first hired over 20 years ago.
The treasurer’s office made selections in its investment consultant and investment custodian searches in the third quarter.
The city is looking for a discretionary manager for its $350 million portfolio.
The foundation has issued an RFP seeking a chief investment consultant to oversee the governance and decision-making structure related to its investments.
The plan also narrowed its general investment consultant search to two finalists.
The incumbent provider declined to respond to the RFP issued in May.
The pension is the latest to terminate the fixed-income manager in recent weeks.
The college is seeking a retirement consultant that can assist in providing regular objective, third-party advisory and consulting services regarding its 401(a), 403b and 457 retirement plans.