Consultant/OCIO/Discretionary
The plan awarded a contract to its incumbent consultant last week.
The plan is searching for an outsourced cio in an effort to generate higher returns.
Portis joined TIFF Investment Management as head of member portfolio management and services in 2020 from Mercer. She took the time to answer five questions with FIN News.
The university issued an RFP for the services last year for standard due diligence purposes.
The retirement system interviewed two finalists last month.
The retirement system is encouraging firms to respond to one or more services that include general consulting, private credit and hedge fund consulting and private equity and real estate consulting.
The plan will also consider a $30 million re-up commitment with a real estate manager.
One consulting firm is making strides to create an industry standard for the rapidly growing yet underreported outsourced cio space.
The investment consultant will provide advisory services to support the management and optimization of the university’s investment portfolio, which includes defined contribution, optional retirement and voluntary savings plans.
Fund is seeking a firm to serve as co-fiduciary and provide full service non-discretionary investment consulting services for its private markets portfolio mandates.