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The retirement plan will conduct an invitation-only search for its discretionary private equity portfolio services.
The ceo previously served as executive director at the Maryland State Retirement & Pension System.
iM Global Partner will “bolster” its fixed-income capabilities thanks to a new partnership with Longfellow Investment Management Co.
The plans previously worked with bundled provider MissionSquare Retirement.
The retirement association also recently committed $205 million across six new funds.
The rebrand follows Creative Planning’s acquisition of SageView Advisory Group on Dec. 12.
A co-founder and senior advisor on the alternatives consulting firm’s operational due diligence team is leaving the firm this month.
An RFP was issued earlier this year for the authority’s $213.6 million Retirement Income Plan and $107.6 million Defined Contribution Pension Plan.
The retirement system’s current manager was first hired in 2022 following a similar RFP process.
The retirement fund’s trustees asked for more information before hiring one firm as the primary consultant and a second for carve-out services following finalist interviews at today’s investment committee meeting.
