Consultant/OCIO/Discretionary
The college savings plan launched a search in the third quarter due to the incumbent firm’s impending contract expiration.
The retirement system’s current provider was first hired in 2019 following a similar RFP process.
The firm will continue to provide private equity and real asset consulting services for the plan following its rehire last week.
The district’s full board will receive a recommendation in the search next week.
The plan also named finalists in its private markets consultant search.
The plan also placed a domestic equity manager on watch due to underperformance.
The retirement system considered approving its general investment consultant RFP at Friday’s board meeting.
The plan previously retained its incumbent following a similar search in 2019.
The plan also received an update on its global equity manager search at a meeting yesterday.
The plan hired Albourne as its new strategic investments consultant and brought on Aksia for its private credit portfolio.