Search will be for the newly created fund’s maiden general investment consultant.
It will be overseen by the current Head of Equities.
Two managers will be promoted as replacements.
County has issued an RFQ seeking consulting services on behalf of its 457(b) and 401(a) retirement plans.
A Southwestern city deferred compensation plan is seeking a stable value fund manager.
The plan made a hire following an RFP process every five years.
City’s search comes alongside one for third-party administration services on behalf of a newly created trust fund.
The plan’s incumbent real estate consultant did not respond to an RFP issued due to its contract expiration.
Plan has issued an RFP for retirement plan advisory services related to investments.
The transaction closed mid-November, according to a spokesman.