The retirement system also approved a 2026 private markets pacing plan in January.
The retirement plan has issued an RFP seeking investment consulting services.
The pension trust will issue an RFP for general investment consulting services following approval at next week’s board meeting.
The retirement fund also reupped with its incumbent general investment consultant at today’s board meeting.
The plan has been slated to issue the RFP this year for due diligence purposes.
The state conducted a search in July for its various pension plans and endowments.
The state selected the incumbent consultant to continue advising its 529 plan and other funds following an RFP process from last year.
The plan last conducted a similar search in 2019 when it rehired its incumbent.
The university and its affiliated foundation have issued an RFQ for a general investment consultant to oversee and manage their combined portfolio.
A relatively new investment advisory firm helps investment committees at foundations and endowments find alpha-generating opportunities in climate solutions.