Consultant/OCIO/Discretionary
The plan’s incumbent consultant will see its five-year contract conclude next year.
The plan opted to retain its incumbent for an initial five-year term.
The plan rehired its incumbent following a similar search conducted in 2017.
The pension fund concluded a general investment consultant search by selecting its incumbent this week.
The authority is seeking the services on behalf of its defined benefit, 457(b) and 401(a) plans.
The pension plan has not had consultant coverage for private equity, private debt and private infrastructure.
The commission is searching for a discretionary manager for its non-pension assets.
The plans selected a firm to provide investment consulting services for its college savings trust fund and prepaid trust fund after issuing an RFP in the second quarter.
The firm scored highest during evaluations among three other responding firms.
The plan will likely issue an RFP next year due to the contract expiration of its incumbent.