Multi-Asset/Investment Advisor
The museum is seeking an investment advisor to handle its endowment, which includes a principal account and income account.
The selected firm will manage a $60 million core long-term investment portfolio.
Public Trust Advisors currently provides investment advisory services for the city.
The city issued a similar RFP for investment advisory services in 2019.
The investment advisor will be response for more than $13 billion in assets.
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.
