Consultant/OCIO/Discretionary
The new consultant was hired at a board meeting today following an invitation-only search initiated earlier this year.
The retirement system has issued an RFP for general investment consulting services.
The plan unanimously decided to retain its outsourced cio after an RFP process.
The plan is also slated to discuss alternative asset mixes for its fixed-income portfolio.
The selection concluded a search launched in the second quarter.
The university made an award in its search for an investment consultant for its operating funds in the third quarter after launching a search in April.
The plan will interview two finalists next month after narrowing the search from four firms last week.
The plan elevated its core-plus bond manager to watch status.
The firm will serve as the plan’s maiden investment consultant.
The retirement systems will interview three finalists in its general investment consultant search at a special joint meeting next week.