Consultant/OCIO/Discretionary
The fund has reissued its RFP seeking a non-discretionary investment consultant to oversee its trust fund after canceling the search process in the fourth quarter for undisclosed reasons.
The Chicago-based investment consulting firm is searching for a ceo as its previous head executive will transition to a new role as chair of the firm.
The firm has named a head of its institutional outsourced cio practice, which is housed within a wholly owned subsidiary, to unify several legacy offerings and develop new strategies to solve client needs.
The institution hired an outsourced cio to oversee its portfolio following a search from last year for standard due diligence and the restructuring of its former investment consultant.
The plan rehired its incumbent private equity consultant last month.
Candidates will be evaluated on firm organization, investment policy development and manager research and performance evaluation, among other considerations.
The board will consider hiring a new public markets consultant later this month.
The plan rehired its incumbent consultant after last conducting a search for the services in 2018.
The firm was also the sole bidder to an RFP issued last summer.
The fund canceled its RFP seeking a non-discretionary investment consultant to oversee its trust fund late in the fourth quarter as the consultant’s contract was slated to begin Dec. 1.