Multi-Asset/Investment Advisor
The city anticipates allocating $1 billion in pooled cash resources between two firms and the state local government pool.
The district is seeking investment services for its 401(a) and 457(b) plans, which have a combined $7.7 million in assets.
The selected advisor will provide non-discretionary management of plan investments.
The city is seeking investment advisory services for its general investment portfolio.
The agency hired PFM Asset Management to handle the services following a search launched in 2016.
The district previously invested its funds with the state treasurer’s investment fund and local banks.
The university is seeking an investment manager to take primary accountability for its private investment portfolio, which makes up 40% of its long-term investment portfolio.
The two firms will handle a total of more than $2.5 billion.
The plan launched a search in July as its previous manager no longer services municipal clients.
The village wrapped up a search for its first investment manager in May.