Searches And Hires
The plan also approved follow-on private equity fund-of-funds commitments last quarter.
The retirement system is seeking a firm to conduct a fiduciary performance audit.
The retirement system last conducted a similar search in 2019 due to regulatory requirements.
The retirement plan had worked with general investment consultant NEPC since 2023.
The search is being conducted due to incumbent Hancock Whitney Investment Advisors’ upcoming contract expiration.
The retirement system made a manager switch after issuing an RFP in February.
The retirement system does not currently use an investment consultant.
The plan also held executive director interviews last week.
The pension trust’s last competitive bid process for the services took place in 2006.
The retirement system shifted its active domestic large-cap growth equity mandate to an existing index fund investment.
