Multi-Asset/Investment Advisor
The district is looking to consolidate from three advisors to a single firm to provide the services for various funds.
The plans are also in the process of scouting for a record keeper.
The foundation has issued an RFP for an investment manager to oversee its portfolio as part of a due diligence review of the marketplace and its incumbent is allowed to rebid.
The county received two proposals in response to an investment advisor RFP issued in March due to its incumbent’s contract expiration.
The plan hired a new investment manager for its $10 million in assets.
The institution is seeking an investment manager to provide investment strategies and solutions to maximize investment returns for its operating, long-term, endowment and surplus funds.
The county expects to select a firm at its Oct. 9 governing committee meeting.
The institution selected a firm to provide investment advisory and management services for its operating funds portfolio at the end of the second quarter after issuing an RFP earlier in the year.
The plan, which conducted a similar search in 2018, is seeking a firm to manage its investments.
The foundation is seeking a firm to oversee and administer its investment portfolio as well as develop and maintain its investment policy.