Consultant/OCIO/Discretionary
The authority is conducting a search on behalf of its 457(b), 401(a) and retirement health savings plans.
Plan staff will conduct on-site visits with six private debt firms next month.
The foundation has hired a new discretionary advisor to oversee and manage its portfolio following an invitation-only search process with nearly 30 firms that yielded more than 20 proposals.
The details are part of the firm’s inaugural Diversity, Equity & Belonging Advancement Report that highlights efforts the firm is making in promoting the issues internally and in the institutional investment industry overall.
The metro system completed a search for the services in 2015 that resulted in RVK’s hire.
The plan interviewed two finalists at today’s board meeting after launching a search earlier this year.
The plan will interview two finalists at its board meeting this week.
The plan is searching for a firm to provide a variety of investment advisory, monitoring and reporting services for all private markets and alternative investment strategies.
The fund is seeking a single platform to handle a minimum 3% allocation following search approval at today’s board meeting.
The retirement system rehired its incumbent for a five-year contract in 2019.