New investment consultant hire follows an invitation-only search from 2020 conducted as part of a periodic review of third-party services provided.
Organization added a senior v.p. from another consulting firm.
Search is due to the upcoming contract expiration of its incumbent provider.
Search is for one firm to provide investment management services for city’s three retirement plans.
The search comes less than a year after the fund hired its current real estate consultant.
The organization has issued an RFP seeking investment consulting services for its funds.
The RFP, which was initially expected to be out March 1, is still expected to be issued soon despite delays.
Foundation’s bylaws require the services be put out to bid every five years.
The district has issued an RFP seeking investment consulting services for its 457(b) plan.
Plan will hear presentations on at least two finalists in its general investment consultant search in May.