Searches And Hires
The city is seeking to consolidate to a single bundled services provider from its current four.
The city does not currently utilize an investment advisor for its $455 million in cash and investments.
A state based in the Midwest is preparing an RFP for a program manager for its $4.4 billion college savings program.
A university system based in a Southern state is searching for an investment advisor for its $13 billion retirement plan portfolio.
A foundation based in a Mountain State is looking to hire an investment manager to oversee its approximately $40 million investment portfolio.
A trust fund based in a Western state has approved the addition of a private equity fund-of-one, a real estate strategy and a custom, multi-asset alternative mandate to its portfolio.
A university based in a Southern state approved commitments to a private equity buyout fund and a venture capital fund, with plans to add more later this year.
The university selected a discretionary advisor to select managers, handle executive asset allocation decisions, develop investment strategies and manage the investment processes after issuing an RFP for the services last year.
The changes were recommended by the trust’s newly hired general investment consultant.
The county rehired its incumbent for the treasury investment pool following a similar RFP process conducted in 2020.