Illinois seeks investment consultant for DC plan
The Illinois State Board of Investment is seeking a general investment consultant for the $4.1 billion Illinois State Employees’ 457 Deferred Compensation Plan.
Marquette Associates resigned in October following the hiring of Meketa Investment Group as investment consultant for the $15 billion defined benefit plan the investment board oversees. Marquette and Meketa are invited to bid.
The RFP is available on the investment board’s website. Proposals are due Feb. 26, and a decision is expected by the end of June.