The plan’s new private markets allocation will consist of one-third private equity, one-third private debt and one-third real estate/real assets.
MissionSquare Retirement currently provides record keeping and administrative services for the authority’s plans.
The selected general investment consultant will serve from Oct. 1 through Sept. 30, 2024.
The county is looking to hire one or more fixed-income managers to handle $600 million.
The plan approved a recommendation from its audit committee on a new general investment consultant this week.
The plan will issue an RFP seeking managers to enhance returns within its fixed-income portfolio.
The office is searching for a program manager due to the impending contract expiration of its incumbent provider, which is allowed to rebid.
The university approved five new commitments totaling $81 million to private equity, venture capital, private credit and hedge fund strategies within its endowment.
The plan liquidated its emerging markets equity fund-of-funds mandate and made $1.3 billion in total commitments in June.
The commitments include a first-time investment for the plan.