The state fund-of-funds has extended the deadline for proposals in its search for an investment consultant, which was launched earlier this year due to the upcoming contract expiration of its incumbent provider.
The investment and operations committee approved discretionary private credit and non-core real estate partnerships at this week’s meeting.
The incumbent will serve for a three-year term.
The plan recently extended the contract of its incumbent so it could conduct an RFP.
The town hired a new outsourced cio for its funds following the acquisition of its incumbent Vanguard Group by Mercer.
The plan has issued a request for quotations and qualifications for the services.
The retirement system has been working with its incumbent consultant since 1987.
The plan approved hires in its general and alternatives investment consulting searches at today’s board meeting.
The plan is seeking non-discretionary full-service general consulting services, including private markets strategic planning and analysis.
The plan also terminated an active domestic large-cap growth equity manager in December.