Consultant/OCIO/Discretionary
The trust last conducted a similar search in 2018.
The pension fund also concluded an emerging market debt manager search with a hire at today’s board meeting.
The plan has transitioned away from a general investment consultant relationship.
The authority canceled and reissued a search for retirement plan consulting services initiated in July.
The plan previously issued an RFP for the services in October and recently rescinded an award for the contract.
The plan also terminated an emerging markets equity manager in June.
The plan is looking to establish a roster of investment consultants.
The general employees, police and firefighters pension funds will look to replace an underperforming manager.
The consultant is acquiring an alternatives investment firm that provides solutions including insurance-linked securities, private credit, hedge funds and impact investing.