Searches And Hires
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.
The authority has issued an RFP seeking an investment advisor to oversee and manage its operating and other post-employment benefit trust funds.
The foundation opted to retain its incumbent manager for its portfolio following a search from the third quarter as its policy requires the services be put out for bid every six years.
Plan reviewed a search report that proposed three domestic small- to mid-cap value finalists for its $25 million mandate.
The plan’s incumbent consultants had their contracts renewed until early 2024.
