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A utilities district in a Midwestern state is on the lookout for an investment advisor for its two retirement plans.
The fourth quarter had 35 completed investment consultant hires, according to FIN Searches data.
The search comes after losing its cio in December.
He will officially join the firm on March 11 from InfraRed Capital Partners.
Private equity firm has closed its inaugural fund with $900 million in total capital commitments.
The plan hired a pair of bank loan managers to handle roughly 3% of its overall portfolio this week.
The retirement fund has issued RFPs for a general consultant as well as an alternatives consultant to advise on private equity, credit, real estate, real assets and hedge funds.
The current executive director is set to retire in May.
The plan replaced several of its passive mandates with Vanguard Group at yesterday’s board meeting.
The county hired two firms to handle up to $100 million in cash and investments.