Consultant/OCIO/Discretionary
The plan, which has worked with its incumbent since 2002, elected to hire a new consultant yesterday.
The system is seeking a retirement plan investment consultant on behalf of its several funds after awarding a maiden contract for the services in 2018.
The plan expects to issue RFPs for two investment consultants in November.
Plan will begin addressing high-level considerations and formulating plans to begin redeploying assets in private markets investments after halting new commitments since 2016.
The plan selected a new general investment consultant after going out to bid in May.
Foundations and endowments engaging with investment consultants are increasingly looking for their advisors to take on more responsibility across their portfolios and act like an outsourced cio, according to a recent survey.
The trust company has issued an RFP seeking investment consultants for its 11 endowment funds due to the contract expiration of its incumbent provider, which is allowed to rebid.
The plan’s investment committee selected a winner in its private credit consultant search this week.
The plan expects to issue an RFP for a general investment consultant RFP later this month and will interview three finalists in an ongoing international equity search.
The authority is seeking investment advisory services for two plans totaling $13 million.