Multi-Asset/Investment Advisor
The advisor will be responsible for $187 million in non-pension assets.
The district expects to sign a contract on April 19.
The university has selected a firm to provide investment advisory, management, custodial and reporting services for up to approximately $6 million of its endowment initially following a search from the second quarter.
The plan made a hire in its search for an investment manager last summer after its incumbent resigned.
The district made a hire in its search for a firm to invest funds for portions of its general operating, debt service and bond proceeds funds.
City completed a 2022 search for portfolio management services of its $50 million portfolio.
The district conducted a similar search for the services in 2017.
The plan will consider multi-asset credit manager recommendations in March and terminated mandates with GMO and MetLife last week.
The diocese hired a new record keeper and service provider for its 401(k) retirement savings plan late last year and transferred the assets to the new provider in mid-December.
The city, which did not previously utilize an advisor, made a hire last year.