Consultant/OCIO/Discretionary
The retirement fund issued an RFP last month and previously rehired its incumbent in 2016.
The plan also received a trustee request for a competitive bid process for investment consulting services.
The retirement plan hired a new consultant for the first time since 2009.
The plans hired a new investment consultant yesterday after issuing an RFP in January.
Endowments and foundations are increasingly turning to outsourced cios with the growth largely driven by smaller institutions, according to new research.
The pension plan is conducting the search as part of a periodic competitive process.
The pension plan’s general investment consultant will see its contract expire next year.
The retirement fund will interview three finalists in its general investment consultant search next week.
The defined contribution plan’s current consultant contract is set to expire.
The plan expects to issue an award notice on July 18.