The plan is searching for an advisor for an up to five-year contract.
The authority will seek board approval to hire a new investment consultant at a May 21 meeting.
The search is being conducted due to the upcoming Dec. 31 contract expiration of incumbent RVK.
The plan approved a private equity commitment at its board meeting this week.
The search is being conducted ahead of incumbent RVK’s Dec. 31 contract expiration.
Hyas Group currently provides the services for the $143 million plan.
The search is being conducted for best practices.
The contract of the plan’s incumbent investment consultant is expiring.
The plans will interview four consultants later this week.
The foundation has hired an outsourced cio to manage the university’s endowment and associated assets following a search process from last year.