Searches And Hires
The foundation has issued an RFP seeking a non-discretionary investment consultant for its endowment and bond portfolios.
The plan will interview four finalists at its February board meeting after issuing an RFP for services in November.
The plan made an up to $15 million commitment following finalist interviews held last month.
The plan’s current consultant was first hired in 2018.
The commitments include two first-time managers for the plan.
Two of the searches stem from a revised asset allocation adopted last month.
The plan will interview four finalists in its international small-cap value search.
The plan made commitments following closed session deliberations.
The pension plan made private markets commitments totaling $16.25 million last month and will consider a 2024 pacing plan this week.
The commitments were made under the discretion of staff.