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A search firm has been hired to select a replacement.
A North Carolina city is searching for a non-discretionary investment advisor for its operating funds and bond proceeds.
She will oversee new deal origination, sourcing and marketing functions.
The plan added a second large-cap value equity manager to diversify its portfolio.
The plan agreed to stay with Wilshire as its general investment consultant after interviewing two other finalists yesterday.
He will focus on acquisitions, capital formation and portfolio strategy.
The plan replaced its incumbent consultant, which it worked with since 2017.
SageView Advisory Group has served as investment consultant for the 457(b) deferred compensation plan since 2015.
The decision follows the plan’s review of 42 publicly traded shale oil and gas companies.
