Consultant/OCIO/Discretionary
The selected firm will serve for an initial one-year period beginning Jan. 1.
The plan represents the consulting firm’s first Mass.-based client.
The search comes as the plan’s incumbent will see its contract expire this year.
Plan is conducting an RFP for investment and plan design consultant services.
The healthcare system selected a new consultant to oversee its operating and pension funds following a search from last year and the firm will conduct an asset allocation study in its first year of engagement.
The district expects to notify the selected firm of the contract award on June 30.
The authority is seeking retirement plan consulting and pension administration services on behalf of its 457 and 401(a) plans.
The plan expects to announce an intent to award on June 15.
The plan opted to retain its incumbent investment consultant at a meeting last month.
The plan will conduct the search in an effort to generate higher returns.