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The retirement system does not currently utilize an investment consultant.
The real assets consultant will cover non-real estate asset classes such as infrastructure, energy transition and natural resources.
The district last conducted a search for the services in 2023.
The institution retained its general investment consultant, which has been providing the services since 2009, following a search launched in the second quarter.
The university is seeking a senior investment analyst to help oversee its investment portfolio and related projects including cash reconciliation and return and risk calculations.
The plan hired two firms to implement emerging manager programs of up to $400 million each for real estate and real assets.
The village received seven proposals in response to an RFP issued in June.
The university added an investment analyst to its team overseeing inflation sensitive and diversifying assets in the fourth quarter.
The retirement system is looking to index its international equity portfolio.