Searches And Hires
The plan hired two firms following the issuance of an RFP in 2019 due to the contract expiration of its incumbent provider.
The plan hired its current consultant in 2017 following a search for services.
The plan has begun its searches for general investment and public markets consulting services.
The plan will be responsible for a portfolio valued at more than $54 billion.
The selected manager will handle up to $15 million.
The authority previously hired five managers following a similar RFP process in 2012.
The state’s defined contribution plan is seeking a core-plus fixed-income manager.
The search is to replace an underperforming incumbent manager.
The agency will first hold a virtual conference for interested managers next month.
The plan is searching for a firm that specializes in insurance-linked securities strategies.