Consultant/OCIO/Discretionary
The firm will provide monitoring and evaluation of the plan’s discretionary investment manager.
The consultant will advise a deferred compensation board created by city council last year.
The city is conducting a search for non-discretionary and discretionary services after launching a similar search in 2021.
The retirement system approved an emergency procurement for a general investment consultant in November.
The Southern pension plan last conducted a search for the services in 2019.
The firm’s contract was set to expire later this year.
The pension plan hired a private equity consultant to help implement its maiden 5% target to the asset class today.
The firm was rehired this week after the plan issued an RFP in March.
The plan made a hire at a special board meeting last month.
The district last conducted a search for the services in 2018.