Alaska Retirement Management Board, Juneau, will launch searches for a general investment consultant and real assets investment consultant early in 2024.
The board will issue requests for proposals because the current contracts are expiring on June 30, 2024, said Alysia Jones, the board's liaison officer.
Callan is the incumbent consultant for both services, Ms. Jones said. The firm will be eligible to rebid.
A proposal due date and selection date have yet to be determined. The board posts RFPs on the state of Alaska's procurement website.
The board oversees the management of a total of $41.2 billion in defined benefit and defined contribution plan assets, including the $23.8 billion Public Employees' Retirement System and $11 billion Teachers' Retirement System.