The plan has begun its search for private equity, private credit and real assets consultants.
The plan stuck with its incumbent after issuing an RFP in February and will review its private markets consultant search in the coming months.
The plan’s incumbent consultant will see its contract expire next year.
The plan’s general investment consultant will see its contract expire next year.
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.