MOSERS Seeks Consultant for Illiquid Alternatives

The $8.5 billion Missouri State Employees’ Retirement System (MOSERS) has issued a request for proposals seeking a specialty consultant for illiquid alternatives. The system’s current allocation to illiquid alternatives is approximately 25% of assets, or about $2 billion, according to MOSERS’ CIO Seth Kelly. MOSERS hired a Board Investment Consultant, Verus, to fill the general …

MOSERS Releases RFP for Public Markets Consultant, Plans to Issue Another RFP for Private Markets

The Missouri State Employees’ Retirement System(MOSERS), located in Jefferson City, Missouri, is seeking proposals from investment consulting firms in its search for a specialty consultant for public markets (SC-PM), according to an October 4 announcement on its website. The SC-PM will assist Seth Kelly, chief investment officer (CIO), Shannon Davidson, deputy CIO, and the rest …

MOSERS Board Taps New Chairwoman; ED Expected in June

The Missouri State Employees’ Retirement System (MOSERS) has appointed Crystal Wessing as Chairwoman of the Board of Trustees of the $8.5 billion Jefferson City-based retirement fund, according to a released statement from MOSERS. Separately, the system is also now in the final phase of a recruitment effort for a new executive director, which it expects …

MOSERS Board to New Consultant: “Show Me”

The Missouri State Employees’ Retirement System (MOSERS) has hired Verus Investments as a Board Investment Consultant (BIC) to provide investment advisory and oversight services directly to its Board of Trustees. MOSERS has asked the BIC to present a proposed asset allocation/policy portfolio to the fund’s investment committee, which the fund says Verus has done. According …