The retirement board last rehired its incumbent following its last search in 2018.
The retirement system is looking to invest $15 million with a core investment grade manager.
The trust previously rehired its provider in 2019 after a similar RFP process.
The retirement system will launch the search soon for pacing purposes.
The retirement plan interviewed the firm in closed session at today’s board meeting.
The upcoming search stems from a new domestic equity structure approved today.
The departing partner also leads the investment consultant’s diverse manager research and investing.
The retirement system’s upcoming search will comply with state procurement laws.
The plan committed to two funds after interviewing five finalists this month.
The retirement plan hired a new consultant for the first time since 2009.