Searches And Hires
The current consultant’s contract is set to expire next year.
The organization is seeking an investment consultant to advise on matters related to its investments, including transaction structuring, underwriting and asset management.
The organization will seek firms interested in providing investment advisory services for its endowment as part of its commitment to good governance.
The endowment added growth equity, buyout and natural resources commitments in March.
The university approved fully liquidating a hedge fund manager and committing to a private equity strategy within its endowment in the first quarter.
The city expects to initiate negotiations with the preferred candidate on Aug. 21.
The city expects to make a final selection on June 23.
The plan’s current consultant contract is set to expire.
The manager will handle a new 3% long Treasury target allocation.
The plan is looking to create a pool of consultants to advise its investment office across all asset classes.