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The investment consultant will provide advisory services to support the management and optimization of the university’s investment portfolio, which includes defined contribution, optional retirement and voluntary savings plans.
Fund is seeking a firm to serve as co-fiduciary and provide full service non-discretionary investment consulting services for its private markets portfolio mandates.
The firm’s newest partner will be tasked with leading investor relations and capital formation.
Authority expects to award a contract with a selected firm on Friday for services on behalf of its 457(b), 401(a) and retirement health savings plans.
The retirement system was slated to terminate a U.S. large-cap growth equity manager last month.
The retirement system last conducted a similar search in 2018.
The plan expects to add eight additional non-U.S. equity managers over the next two months.
The new director of consultant relations joined from Fiducient Advisors, where she was a senior research analyst.
The retirement system added $150 million to an existing relationship this month.
The search is due to the impending contract expiration of its incumbent.