Ohio Public Employees Retirement System, Columbus, is searching for a general investment consultant and alternatives investment consultant, spokesman Michael Pramik said.
The $90 billion retirement system, which includes $77.8 billion in defined benefit plan assets, issued a single RFP for both services.
In February, the board approved contract extensions to current general consultant NEPC and alternatives consultant Aon Hewitt Investment Consulting that end April 30, 2016, the fifth and final such extensions allowed before the services must be put up for bid. Both firms are invited to rebid.
Details are available on the retirement system’s website. Interested parties should e-mail [email protected] for a copy of the RFP. Proposals are due at 4 p.m. EST on Nov. 23. A decision is likely to be made in the first quarter of 2016.