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The search is due to state regulatory requirements.
The sanitary district is seeking retirement plan advisory services on behalf of a 457 plan.
The plan reduced its international small-cap equity portfolio to two managers from three at last week’s board meeting.
He will focus on cultivating Blackstone’s relationships with the consultant community and will also assist the firm’s private capital group.
The plan interviewed the finalist firms at its board meeting last week.
The acquisition will see roughly $2.3 billion in assets move to C.S. McKee.
The plan is slated to select a shortlist of managers at its investment committee meeting next week.
The plan was slated to hire a consultant at its board meeting last week after launching a search in September.
The plan interviewed two firms earlier this month as it looks to replace Western Asset Management.
The plan’s investment consultant will present potential alternatives at its next investment committee meeting.