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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.
The plan also made a private credit commitment at today’s board meeting.
Ryan Madani has joined Cliffwater as managing director on its real assets platform.
The agency will be responsible for managing portfolios totaling more than $2.7 billion.
The new hire joined the firm from Tikehau Capital.
The deferred compensation plan received five proposals in response to an RFP issued in March.
