Consultant/OCIO/Discretionary
The plan expects to issue an RFP for the services this month.
The authority has issued an RFP seeking investment advisory services for its 457(b) and 401(a) plans.
The plan is searching for its first ever non-discretionary private markets consultant.
Firm added a senior research analyst and a client analyst earlier this year.
The town hired a maiden consultant for its two retirement plans.
Historically black colleges and universities, typically limited by the size of their assets, are looking to gain further access to alternative assets, particularly private equity and venture capital, as they seek to grow their endowments to further their mission as well as capture outsized returns that have swelled higher education institutions’ portfolios, according to investors and allocators.
The plan will launch searches for general, private equity and real estate consultants later this year.
The consultant will conduct an asset/liability study and develop an in-state equity program for the plan.
He will guide allocators, outsourced cios/consultants, pensions and endowments and foundations through the firm’s lineup of actively managed ETFs.
The firm’s clients include the Winston-Salem Foundation, College Futures Foundation, Choate Rosemary Hall, Rhode Island School of Design, Elon University and Willamette University, among others.
