Consultant/OCIO/Discretionary
The institution rehired its discretionary investment advisor over two other finalists following the issuance of an RFP in the first quarter of 2023.
The foundation hired a new investment consultant in the fourth quarter following a search based on its new strategic plan.
The plan interviewed a total of four consultant finalists today.
A total of five firms submitted proposals to an RFP issued in the fourth quarter.
The retirement fund is seeking general investment consultant services as the result of state statute, which requires they be placed out for bid at least every five years.
The town is seeking a manager to oversee three asset pools totaling $185.1 million.
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.
