Consultant/OCIO/Discretionary
The plan hired two international equity managers to handle up to $700 million total last week following a search from 2022.
The plan is searching for a general investment consultant for its defined contribution retirement program to help with the search, selection, monitoring and reporting of investment vehicles.
The plan selected its incumbent consultant after receiving a total of three proposals in a search initiated in January.
The board has issued its RFP seeking an investment consultant to oversee assets across five plans due to the upcoming contract expiration of its incumbent consultant, which is invited to rebid.
The fund approved one-year contract extensions for its general investment consultant and alternatives specialist consultant through 2024 at its board meeting earlier this month.
The plan will hold a second round of finalist interviews in its consultant search next month and committed to an existing private equity manager in February.
The plan began a core real estate search for diversification purposes.
The plan is seeking professional advisory and investment consulting services.
The plan could not reach enough votes to approve rehiring its incumbent private equity consultant.
A public trust fund affiliated with a Midwest metropolitan airport has selected two discretionary investment managers following an RFQ process from the start of the year.