The search follows the plan’s decision to introduce a 5% dedicated private credit target allocation yesterday.
The four finalists will present in January for a $55 million mandate.
The plan issued an RFP seeking one or more private markets consultants.
The retirement board is statutorily required to conduct the investment consultant search.
Lukacs oversees the largest deferred compensation plan in the U.S.
The plan is seeking a single service provider.
The hires conclude an RFP process that began in September due to upcoming contract expirations.
The retirement fund is seeking a firm to provide limited scope investment consulting services.
The investment program was created this year by state statute.
The current provider’s contract will expire in January.