Multi-Asset/Investment Advisor
The funds have delayed the announcement of finalists in their search for investment managers by three weeks due to the considerable number of proposals received.
The agency is slated to select a firm at its May 15 board meeting.
City is seeking investment services for its $215 million investment portfolio.
The district is searching for its first outside investment advisor.
The city’s pooled investment portfolio was previously managed by finance staff.
The city launched a search in December due to the incumbent’s contract expiration.
The county is seeking a firm to provide investment advisory services for its roughly $700 million portfolio.
The city is looking for an advisor for its portfolio of approximately $225 million or more.
The manager will handle a portion of the county’s $600 million portfolio.
The selected firm will create and manage an investment portfolio and provide reporting and regular updates on portfolio performance, among other responsibilities.