Consultant/OCIO/Discretionary
A university system in New England approved retaining and continuing with its outsourced cio earlier this year following a review of the relationship.
The office is searching for a savings plan consultant to provide advice and recommendations on the structure and design of its 529 plan and ABLE and Savings programs as well as insight on the 529 industry.
The plan hired Segal Marco Advisors following the issuance of an RFP this summer.
Chicago-based firm has been acquired by accounting and advisory firm BDO USA.
The plan will discuss conducting a general investment consultant search for due diligence purposes at its December meeting.
Search is due to the upcoming contract expiration of the plan’s incumbent investment consultant.
The plan awarded blank contracts with five firms for up to 10 years.
The plan has issued an RFP on behalf of itself and five state systems.
The plan reissued an RFP for a consultant to assist with direct investments.
Cambridge Associates has appointed a global head of diversity, equity and inclusion to increase diverse representation both internally and industry-wide.