Searches And Hires
The foundation issued an RFP in the fourth quarter of 2024 as it sought a discretionary firm that could help align its investments with its mission.
At least one client will explore alternative options next month.
The city is seeking a single firm for record keeping and administration services across its 457(b), 401(a) and retirement health savings plans.
The system retained its incumbent outsourced cio for its endowment at its September investment committee meeting after conducting a search due to the firm’s expiring contract.
The institution is seeking a firm to provide investment recommendations and execution for bond proceeds totaling more than $100 million.
The retirement system also recently made two private markets commitments.
The program last conducted a search for record keeping, plan administration and claims processing services in 2017.
The commitments include three new manager relationships for the retirement system.
The plan opted to hire a new general investment consultant after 10 years with its incumbent.
The investment board was informed that two of its client funds have adopted a new asset allocation policy at today’s meeting.