Consultant/OCIO/Discretionary
The city has issued an RFP seeking plan and investment management consulting services for its retirement plans.
The plan opted to invest its 6% target to emerging markets equity with two active ex-China managers this week.
The plan also appears to have reissued its private markets consultant RFP.
The Texas-based consulting firm has added an industry veteran to its consultant ranks.
The plan issued an RFP in December after its previous outsourced cio was acquired.
The general investment consultant’s oversight responsibilities will include annual evaluations of investment policies and risk levels and quarterly reviews of investment performance and asset allocation mix.
The firm has agreed to acquire an outsourced cio with more than 130 clients representing approximately $45 billion in assets.
The foundation hired an investment consultant to provide non-discretionary services for its portfolio over three other firms after conducting an RFQ and RFP process last year.
The consultant will advise on four retirement funds.
The institution is looking to enter a contract with a firm to provide strategic, legal and programmatic consulting services for the 529 plans.