Consultant/OCIO/Discretionary
Plan currently works with general investment consultant Innovest Portfolio Solutions.
Plan reissued an RFP for investment consulting services originally launched in April due to the impending contract expiration of its incumbent.
The plan last conducted a similar search in 2015.
The four new firms help make up the plan’s new $5.2 billion fixed-income structure.
The plan hired all incumbents in its high-yield fixed-income and general investment consultant searches.
Consulting firm would oversee the state’s Secure Choice Savings investment program.
Search is for a consultant to oversee a 2% portfolio to private credit approved in August 2020.
The plan hired Verus as its new general investment consultant at a meeting today.
Plan’s incumbent tangible assets consultants were the only respondents to an RFQQ issued in February.
The retirement system has issued an RFP seeking general investment consulting services.
