Multi-Asset/Investment Advisor
The foundation is conducting the search for standard due diligence purposes and its incumbent advisor is allowed to rebid.
The $604 million portfolio is currently managed internally by the city.
The city currently works with Meeder Investment Management.
The fund is seeking a firm to provide services for its long-term investment pool to compare the offerings of other firms as it has utilized the same advisor for the last two decades.
The selected firm will provide investment advisory and portfolio management services for its $315 million in operating and capital funds.
The agency is seeking the services on behalf of its $129 million investment portfolio.
The city is searching for investment advisory and portfolio management services for its $38 million portfolio.
The city issued an RFP last year due to the contract expiration of its incumbent advisor.
President Donald Trump signed an executive order to establish a sovereign wealth fund on Feb. 3 to promote fiscal sustainability, lessen the burden of taxes on American families and small businesses and establish economic security for future generations.
