Consultant/OCIO/Discretionary
The plan approved a recommendation from its audit committee on a new general investment consultant this week.
The county is seeking an investment consultant for its $9.5 billion pool of assets.
The incumbent firm is welcome to rebid in a search being conducted as part of a review of provider services.
The RFP will be launched in the second half of next year.
Plan is seeking a third-party consulting firm to evaluate investment practices and performance.
Managers need to target consulting firms that align with their business, upgrade their consultant relations team, embrace consultant databases and position themselves as though leaders to successfully master those relationships, according to a new report.
The plan concluded its investment consultant and private investment consultant searches that began last year, retaining its general consultant and hiring a new private investment consultant.
The plan made follow-on commitments and rehired its real estate consultant following an RFI process.
The police and fire retirement plan is seeking consulting services after approving the search in May.
General consultant MBC Investment Consulting is assisting in the search.