Searches and Hires

Oakland University launches search for investment consultant

Oakland University, Rochester, Mich., is searching for its first investment consultant for its defined contribution plans.

The university seeks consulting services, including money manager search and selection assistance, investment reporting, fiduciary compliance review and strategic planning services, for its $580 million 403(b) plan, $107 million annuity and $11 million 457 plan, according to the RFP for the search.

Investment options will continue to be provided by Fidelity Investments and TIAA, said Julie Hamilton, a spokeswoman. RFP responses are due by 2 p.m. on Nov. 6.