Searches And Hires
An Illinois city deferred compensation plan is searching for investment consulting services.
The plan is seeking investment management services for operating funds that could run between $215 million and $230 million.
The plan is teaming up with a consultant to explore the creation of an emerging manager program.
The system approved extending its contract with its outsourced cio provider for one year through Dec. 31, 2024 after consolidating to one discretionary provider at the beginning of 2022.
The university selected a firm to serve as retirement consultant for its optional retirement plans and provide fiduciary governance in the fourth quarter following the issuance of an RFP in July.
The search is part of a periodic review of managers.
The search is due to the upcoming June 30 of the incumbent.
The consultant will assist in conducting a record keeper search for the plan this year.
The plan is seeking objective independent investment and administration advice.
The plan rehired its incumbent domestic large-cap value equity manager following finalist interviews at a special board meeting held today.