Louisiana Teachers searches for investment consultant
The Teachers’ Retirement System of Louisiana is searching for a general investment consultant for its $17 billion defined benefit plan and/or $1.8 billion defined contribution plan. The $17 billion pension fund has issued a solicitation for proposals on its website. Aon Hewitt Investment Consulting is currently the consultant for both plans and is invited to rebid. Interested consultants can bid for either or both plans. Proposals are due Aug. 5, and a decision is expected in October.