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The college selected a firm to provide banking and investment management services as well as armored car deposit responsibilities following the issuance and re-issuance of an RFP in the first quarter.
The managing director will work with the firm’s originations team to source new transactions.
The city and county last issued an RFP for investment advisory and management services in 2019.
The plan is looking to establish a roster of investment consultants.
The plan committed to two private credit funds at a board meeting last week.
The plan’s investment consultant is recommending swapping for higher conviction managers.
The plan is seeking managers to handle a total of $5.9 billion.
The firm appointed the former head of the Northeast and Midwest endowment & foundation practice at a consultant firm.
The retirement fund will shift the $200 million mandate to a passive account at least initially.
The town is seeking a firm or firms to provide investment advisory services for its investment portfolio, which is currently managed by staff.