Consultant/OCIO/Discretionary
The incumbent’s five-year contract is nearing its end.
The city last issued an RFP for the services in 2021.
The plan committed $70 million total across three funds in the last several months.
The retirement system recently launched an RFP for investment consulting services.
The plan’s current illiquid consultants will see their contracts expire.
The selected firm will help in an upcoming plan administrator RFP.
The authority is conducting a search on behalf of its 457(b), 401(a) and retirement health savings plans.
Plan staff will conduct on-site visits with six private debt firms next month.
The foundation has hired a new discretionary advisor to oversee and manage its portfolio following an invitation-only search process with nearly 30 firms that yielded more than 20 proposals.
The details are part of the firm’s inaugural Diversity, Equity & Belonging Advancement Report that highlights efforts the firm is making in promoting the issues internally and in the institutional investment industry overall.