Consultant/OCIO/Discretionary
The 401(a) plan was created in 2021 after breaking away from the state pension plan.
The plan will issue its general investment consultant RFP in the coming weeks.
The search is due to the upcoming contract expiration of its incumbent.
The pacing plan and target allocation changes were recommended as part of an annual real estate program review.
The plan also made a $50 million long/short equity investment last month.
The retirement plan awarded a contract in its retirement plan and investment advisor services search last year.
The city interviewed five firms this week after issuing an RFP last year.
The hire concludes a search that was launched in August.
The trust’s existing consultant contract expires this year.
The plan agreed to move forward on due diligence with four firms in its general investment consulting services search.
