Consultant/OCIO/Discretionary
Investment consulting and advisory firms that cater to endowments, foundations and health systems experienced further consolidation in 2024, as many merged or were acquired while others opened shop or shuttered.
The city has roughly $73 million in investment funds overseen by Valley View Consulting.
The plan has selected four firms for further due diligence and evaluation.
The college savings plan launched a search in the third quarter due to the incumbent firm’s impending contract expiration.
The retirement system’s current provider was first hired in 2019 following a similar RFP process.
The firm will continue to provide private equity and real asset consulting services for the plan following its rehire last week.
The district’s full board will receive a recommendation in the search next week.
The plan also named finalists in its private markets consultant search.
The plan also placed a domestic equity manager on watch due to underperformance.
The retirement system considered approving its general investment consultant RFP at Friday’s board meeting.
