The investment staff of the approximately $11 billion Alameda County Employees Retirement Association (ACERA) plans to present the launch of an RFP for a general consultant as an action item for its investment committee to consider and/or adopt at the system’s board meeting this week, according to a memo to ACERA’s investment committee from Betty Tse, chief investment officer.
The five-year contract of the plan’s incumbent general consultant, Verus, is set to expire on May 31, 2023. The contract is subject to auto-renewal, on an annual basis, after that date. But . . .
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