Consultant/OCIO/Discretionary
The district expects to notify the selected firm of the contract award on June 30.
The authority is seeking retirement plan consulting and pension administration services on behalf of its 457 and 401(a) plans.
The plan expects to announce an intent to award on June 15.
The plan opted to retain its incumbent investment consultant at a meeting last month.
The plan will conduct the search in an effort to generate higher returns.
The firm appointed its next president and head of global investing from an investment consulting firm as its current head will take on a newly created executive role as the firm’s first head of investment implementation.
The search will be open to traditional investment consultants as well as outsourced cios.
The consultant will be responsible for approximately $100 million in plan assets.
The plan hired a new firm to provide general investment consulting services.
The plan authorized a search to replace a terminated domestic large-cap growth equity manager and will issue a private equity consultant RFQ soon.