Multi-Asset/Investment Advisor
The college prefers to continue to have one manager for both the endowment and operating funds.
The city issued two similar RFPs for the services last year, both of which were ultimately canceled.
The county last issued an RFP for the services in 2021.
The district is looking to retain its incumbent firm to provide investment management and advisory services for its roughly $88.6 million investment portfolio.
The school district will look to make a hire for the services for its $3 billion portfolio later this month.
The firm will provide services for approximately $1.5 billion in short-term operating and reserve funds.
The advisor is acquiring a West Coast emerging growth investment management firm to strengthen its presence in California as well as its private investment advisory platform.
The authority last rehired its incumbent in 2021.
The city is seeking services for its $450 million in operating and capital funds.
The town approved the search in May to “see what else is out there” after hiring its incumbent firm in 2014.
