Consultant/OCIO/Discretionary
The city previously launched a search in October as the plan has not utilized an investment consultant.
The firm will provide investment consulting services for approximately $80 million to $100 million in operating and capital funds.
The institution selected a climate reporting consultant following a search from February and added hedge fund and real estate investments with existing managers during the first quarter.
The firm will provide investment consulting services for the Treasury through June 30, 2027.
The plan added $90 million across two commitments in the second quarter.
The plans currently work with general investment consultant Advanced Capital Group, which was rehired in 2016 following a similar RFP process.
The city is searching for advisory and consulting services for its 457 plan.
The retirement plans have been working with general investment consultant Bolton Investment since 2003.
The selected firm will provide investment consulting services for a $140 million trust.
The board retained its incumbent investment consultant for its 403(b) retirement plans over one other finalist following a closed RFP process from 2022 for standard due diligence purposes.