Consultant/OCIO/Discretionary
The retirement fund is seeking a firm to provide limited scope investment consulting services.
The investment program was created earlier this year to provide state entities with funds for opportunities to invest in private equity funds, venture capital, growth funds and direct investments in companies based in the state.
A senior consultant at NEPC left the firm last month to join a Chicago-based investment advisory firm as partner and director of institutional advisory.
The retirement system is conducting the search ahead of its incumbent’s contract expiration.
The investment program was created this year by state statute.
The search is open to general and private markets consultants.
The plan last rehired its consultant following an RFP search process in 2020.
The search will seek an integrated consultant for performance and benchmarking measurement.
The selected firm’s responsibilities will include investment management and consulting services in addition to financial wellness consulting.
The institution issued an RFP seeking an investment consultant to provide non-discretionary advisory services for its investment portfolios totaling more than $100 million in assets.