Searches And Hires
The plan last relaunched the search in October after not receiving any responses to the initial search.
Selected firm will serve as a discretionary investment manager as well as help update the investment policy and monitor fund holdings.
The search follows the plan’s approval of a one-year agreement with incumbent Innovest Portfolio Solutions.
District is searching for a firm to oversee $566 million in cash and investments.
The plan is seeking complementary core and core-plus fixed-income managers to split its bond portfolio.
All three searches are being conducted due to the contract expirations of the incumbent providers.
Search comes in anticipation of its incumbent’s impending contract expiration.
Search is due to the impending contract expiration of incumbent RCLCO.
Plan will issue an RFP seeking one core and one core-plus fixed-income manager to each handle 12% allocations on Tuesday.
Consultant will assist in the administration of its 529 plans due to the upcoming contract expiration of its incumbent provider, which has been providing the services for more than a decade.