The plan has issued an RFP seeking a municipal advisor to provide general advice and counsel to staff as well as guidance on overall industry issues and trends.
Investment consulting and advisory firms that cater to endowments, foundations and health systems experienced further consolidation in 2024, as many merged or were acquired while others opened shop or shuttered.
The firm’s oversubscribed inaugural fund will focus on making structured minority investments in well-positioned wealth management firms throughout the U.S.