Searches And Hires
The assets will be indexed and no replacement search is planned.
The search is being conducted due to incumbent Empower Retirement’s upcoming May 31 contract expiration.
The plan hired a pair of domestic small-cap growth equity managers last week.
The foundation is reviewing responses to an invitation-only RFP for an impact investment consultant and hopes to conclude the process by the end of February.
The plan is expected to issue a private equity manager RFP in the next few months.
The university is considering launching a search for an investment manager as it last conducted an RFP process in the summer of 2021.
The commitments include four new managers for the plan.
The plan last issued an RFP for the services in 2016.
The transit agency issued an intent to award notice in its general investment consultant search last week.
The pension plan is currently managed in-house.