Consultant/OCIO/Discretionary
The plan reissued an investment advisory RFP in September.
The search for each retirement plan is due to state statute requirements.
The retirement system is seeking to establish a pool of “possibly two to three” consulting firms to advise on co-investments.
The fund ultimately decided to retain its investment consultants and their contract terms following review at its board meeting this month.
The retirement system also canceled its general investment consultant RFP and approved a 2025 private markets pacing plan in January.
Bolton Investment currently provides investment consulting services for the plans.
The city is conducting the search on behalf of its $17.8 million deferred compensation plans.
The plan’s current advisor will see its contract expire on Sept. 30.
The plan has rehired its incumbent after issuing an RFP in January.
The fund also failed to approve a hire in its private markets consultant search at today’s board meeting.