Scottish Enterprise, Glasgow, Scotland, hired Isio Group to provide investment consulting services to its £799 million ($1.1 billion) Scottish Enterprise Pension & Life Assurance Scheme defined benefit plan.
The contract will run from April 1 to March 31, 2024, with the option to extend for a further 12 months, according to a notice filed with procurement website Public Contracts Scotland. The previous provider was not available.
Scottish Enterprise also hired Hymans Robertson to provide administrative, actuarial and ancillary services, the notice said.
The firm launched a search in September.
Spokesmen could not immediately be reached for comment.