Consultant/OCIO/Discretionary
The firm will provide an analysis of investment assumptions, asset allocation strategy, management structure and performance results to the board in June.
The plan has been expected to launch an RFP for a general investment consultant due to the upcoming contract expiration of its incumbent.
The city is seeking investment advisory services related to its police and fire and employee retirement systems.
The firm was rehired based on “superior quality, efficiency and fitness of [their] proposed solution” as well as the cost-effectiveness of their proposal.
The foundation first hired the investment consulting firm in 2015.
The retirement system is also watching a hedge fund manager due to underperformance.
The plan last conducted a similar search in 2020.
Institutional investors increasingly sought comfort and partnerships with investment consultants that provide expertise on alternative and private markets asset classes as 2024 came to a close.
The search is due to the upcoming contract expiration of its incumbent.
The search is being conducted due to the upcoming contract expiration of incumbent CAPTRUST Financial Advisors.
