The nonprofit affiliated with a mid-Atlantic city government has issued an RFP seeking an investment consultant to develop a mission-aligned investment policy and allocate assets.
The fund and its general investment consultant will consider segmenting the fixed-income allocation into core investment grade and return-seeking credit.
The position is responsible for overseeing operational due diligence on prospective investment opportunities after the previous investment operations lead left the institution.
The trust company is searching for a junior portfolio manager or portfolio manager to help oversee and manage its fixed-income and absolute return portfolios.
The foundation is conducting an asset allocation review of its endowment alongside its new investment advisor, which was hired late last year following a search for standard due diligence purposes.
The foundation selected a new investment consultant to oversee its portfolio following a search from last summer to uphold its fiduciary responsibilities.