The plans’ current outsourced cio was first hired in 2019.
The firm will operate under the Mariner Institutional name once the deal is finalized, which is expected in April.
Retirement system is seeking a pool of managers to provide the services.
The plan last issued an RFP for the services in 2016.
The transit agency issued an intent to award notice in its general investment consultant search last week.
The board will issue two consultant RFPs on behalf of its three investment plans this year.
The plan will transition to the new general consultant by the end of the quarter.
The plan also concluded its domestic large-cap value equity manager search.
The firm has hired a former employee to the newly created role of head of product strategy to enhance and further scale the firm’s products and solutions across its business lines.
The college rehired its outsourced cio following an invitation-only search due to the incumbent’s expiring contract.