Iowa Public Employees’ Retirement System, Des Moines, hired Holland Park as the $22.3 billion system’s first risk management consultant, pending contract negotiations, according to a statement by Karl Koch, the system’s chief investment officer.
The scope of the consultant’s work includes assisting in reviewing investment risks, evaluating current investment risk management practices, developing an overall risk appetite statement, creating investment risk management policies and strategies, and possibly evaluating and selecting risk management or analytical software, according to the RFP.
The RFP was issued in October.
Neither Mr. Koch nor Judy Akre, the system’s director of communications, could be reached for comment.
