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The consulting firm will work alongside the plan’s inaugural cio.
The search follows the plan increasing its real estate target by 5% earlier this year.
The plan will consider issuing two consultant RFPs due to upcoming contract expirations and recently added a private equity commitment.
A Midwest retirement system is seeking consulting services on behalf of its deferred compensation plan.
The plan’s investment officer departed after less than one year in the role.
The firm’s head of business development will depart as part of a restructuring.
The plan is monitoring the firm due to senior fixed-income leadership transition.
The plan replaced its domestic mid-cap value equity manager, which had been on watch since January 2022 due to underperformance.
The plan concluded its private equity manager search conducted for pacing purposes.
He joins the firm from BlackRock as is based in West Palm Beach, Fla.