Consultant/OCIO/Discretionary
The investment program was created this year by state statute.
The search is open to general and private markets consultants.
The plan last rehired its consultant following an RFP search process in 2020.
The search will seek an integrated consultant for performance and benchmarking measurement.
The selected firm’s responsibilities will include investment management and consulting services in addition to financial wellness consulting.
The institution issued an RFP seeking an investment consultant to provide non-discretionary advisory services for its investment portfolios totaling more than $100 million in assets.
Firm partners with Fiduciary to enhance service offerings and build upon the independent wealth manager and trust company’s 140-year history.
The retirement fund also approved an Africa-focused private equity commitment earlier this month.
The retirement system first approved a draft general investment consultant RFP at its investment committee meeting last week.
The plan is seeking non-discretionary investment consulting services for its more than $500 million alternatives portfolio.