Consultant/OCIO/Discretionary
Incumbent discretionary/outsourced cio Wilshire has underperformed for the one- and five-year periods ending Dec. 31.
The institution has launched a search for a discretionary investment manager to handle its pooled investment program following a similar search from 2019.
The plan awarded a contract to its incumbent consultant last week.
The plan is searching for an outsourced cio in an effort to generate higher returns.
Portis joined TIFF Investment Management as head of member portfolio management and services in 2020 from Mercer. She took the time to answer five questions with FIN News.
The university issued an RFP for the services last year for standard due diligence purposes.
The retirement system interviewed two finalists last month.
The retirement system is encouraging firms to respond to one or more services that include general consulting, private credit and hedge fund consulting and private equity and real estate consulting.
The plan will also consider a $30 million re-up commitment with a real estate manager.
One consulting firm is making strides to create an industry standard for the rapidly growing yet underreported outsourced cio space.