The commission received two proposals in response to an investment consultant RFP issued in August.
The retirement system eliminated its 6% target to the asset class this week.
The plan named four general investment consultant semifinalists at today’s investment committee meeting.
A veteran within the investment consultant space has started an advisory firm to assist investment managers that offer private markets strategies.
The new consultant will advise the board on asset allocation and provide performance analysis.
The plan has begun a request for services for a consultant.
The current consultant’s contract is set to expire later this year.
The deferred compensation plan received a total of six proposals in its investment consultant search.
The plan was set to vote on its final contract extension with its incumbent consultant this month.
Authority has issued RFPs for both retirement plan investment advisory services and retirement plan services on behalf of its roughly $29.5 million in assets.