Consultant/OCIO/Discretionary
The plan has issued RFPs for an international small-cap equity manager and a general investment consultant.
The retirement system hired a new general investment consultant following finalist presentations at yesterday’s board meeting.
The plan is beginning a consultant search for due diligence purposes.
The retirement board is seeking the services on behalf of its defined benefit pension plan and VEBA trust.
The newly hired firm will provide private credit, private equity, real estate and infrastructure consulting services.
The RFQ has been issued ahead of the incumbent’s contract expiration and the process will likely turn into a formal RFP.
The retirement system also hired new domestic small- to mid-cap equity managers in June.
The new manager replaces an underperforming incumbent that was also terminated due to organizational concerns.
The foundation hired a new investment consultant to take over duties from its incumbent consultant later this year following a search for the services.
The university is seeking firms to assess middle office solutions within its investments office, including operations functions that bridge the gap between front office and back-office activities.