The foundation is looking to build out its private investments over the coming years after revising its target asset allocation and significantly increasing allocations to several alternative asset classes in fiscal year 2022.
The plan’s contract with incumbent Nationwide Retirement Solutions expires on Dec. 31.
A total of up to $1.5 billion is expected to be awarded in the search.
The contract of incumbent consultant is expiring.
The plan added a second value manager at its board meeting last week.
The district is seeking plan and administration services for its 403(b) and 457 deferred compensation plans.
The plan rehired its incumbent after interviewing four total firms today.
The plan moved to an ACWI ex-U.S. manager from an EAFE manager at its board meeting this month.
The pacing plan calls for a total of $58 million to private debt and private equity over the next two years.
The plan made a hire this week following finalist interviews held over the last two months.