The plan has issued an RFP seeking an investment consultant to oversee and advise on its assets due to the Aug. 31 contract expiration of its incumbent provider, which is allowed to rebid.
The consultant will be responsible for a $3.7 billion opportunity portfolio.
She will be responsible for research, analysis and evaluation of investment managers across the international equities asset class.
The new office will initially focus on institutional retirement advisory services.
The transaction closed on July 6.
The plan is searching for a firm to help its risk team adopt risk management methodologies.
The plan last relaunched the search in October after not receiving any responses to the initial search.
The college has renewed its contract with its incumbent investment consultant after first hiring the firm in 2017.
The search follows the plan’s approval of a one-year agreement with incumbent Innovest Portfolio Solutions.
The plan, which does not currently work with a consultant, has issued an RFP seeking an independent board investment consultant.