Consultant/OCIO/Discretionary
An investment consultant has hired a new senior v.p. and advisor to work with its endowment and foundation clients.
The system approved private equity and real assets commitments with existing investment managers within its endowment at its board meeting last month.
The hires will conclude an RFP process that began in January.
The deferred compensation plan issued an intent to award notice last month after issuing an RFP in November.
The pension plan and trust selected a new consultant in the third quarter following finalist interviews held at a special board meeting.
The plan’s existing general investment consultant will see its contract expire this month.
The plans hired a new consultant after interviewing four finalists last month.
The port authority is seeking retirement investment consulting services on behalf of its OPEB trust and defined benefit, deferred compensation and defined contribution plans.
The firm will provide investment consulting services, including advice on new product opportunities.
The global wealth management firm has agreed to absorb the staff and clients from an outsourced cio provider to bring its assets under management to approximately $100 billion.