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A Northwest transit plan has rehired its incumbent investment advisor.
She will oversee the core-plus logistics strategy.
The plan has named a new cio ahead of the retirement of its outgoing investment chief.
The authority rehired AndCo Consulting to provide investment consulting services for its plans last month.
Plan moved a domestic small- to mid-cap equity mandate to a passive account and added a real estate commitment.
The plan’s new executive director was announced at today’s board meeting.
The changes would result in manager searches across fixed-income, equity, real estate, private equity and infrastructure.
Plan elected to reissue the consultant RFP prior to finalist interviews in light of ownership changes at its incumbent.
The plan rehired its bundled provider at a meeting in August.
The plan selected a single record keeper for its 457(b) plans and two 401(a) plans, consolidating from its previous three.