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The trust company has issued an RFP seeking investment consultants for its 11 endowment funds due to the contract expiration of its incumbent provider, which is allowed to rebid.
The plan’s investment committee selected a winner in its private credit consultant search this week.
The plan expects to issue an RFP for a general investment consultant RFP later this month and will interview three finalists in an ongoing international equity search.
The authority is seeking investment advisory services for two plans totaling $13 million.
The plan is seeking a replacement following the July departure of its last executive director.
The plan replaced its $77.5 million Asian all-cap equity mandate with T. Rowe Price Associates last week.
The general investment consultant was last hired following a similar search process in 2016.
The plans selected a new third-party administrator after previously providing the services in-house.
The V.P. will focus on fundraising and investor relations, while the analysts are responsible for investment underwriting and portfolio management.