Nevada System of Higher Education, Reno, is searching for an investment consultant for its four defined contribution plans, said Michelle Kelley, retirement plan manager.
The system, whose DC plans have a combined $2.3 billion in assets, is conducting the search because the state requires the system put the services up for bid every three to five years, Ms. Kelley said. Current consultant Aon Hewitt Investment Consulting is invited to rebid.
The RFP is available on the system's website. Proposals are due at 2 p.m. PST on Feb. 26. A hiring decision is tentatively scheduled for March 24.