The new hires join the firm’s D.C. office on its growing national security team.
The district launched a similar RFQ for services in 2023.
The hire concludes a search that included an RFP and an RFI issued in July and April, respectively.
The company has received a letter outlining a non-binding acquisition proposal submitted jointly by Trian Fund Management and General Catalyst Group Management and their respective affiliated funds.
The retirement system’s most recent commitments totaled $615 million across four funds.
The firm informed a list of municipal government entity accounts in which the firm would be closing relationships.
The city hired incumbent Fiduciary Consulting Group following a similar RFP process in 2019.
The firm’s newest v.p. joins from a Southeast-based consulting firm.
The retirement system agreed to hire a new discretionary private equity consultant while maintaining the incumbent consultant for discretionary private real return services.
The new manager was selected for the $60 million mandate following finalist interviews with four total firms this summer.