Multi-Asset/Investment Advisor
The authority’s board approved the hire of a new investment advisor for its bond and operating portfolios.
The colleges retained its discretionary investment advisor for its final contract extension at a May board meeting.
The authority will look to hire a new firm to provide investment advisory and portfolio management services this week.
The city last conducted a search for the services in 2024.
The college has reissued its RFP seeking investment advisory and management services for its portfolio after initially launching the search in April.
The corporation has extended the deadline for proposals in its search for firms to provide investment advisory services for its portfolio of unrestricted funds, restricted funds and long-term assets to later this month.
The city issued an RFP in March for a firm to handle its $107 million operating funds portfolio.
The city is seeking a firm to provide the services for its short- and long-term portfolios.
The district last conducted a search for services in 2018.
The fund decided against a search for an investment firm at a first quarter meeting following an update from its incumbent investment manager as well as a presentation of the treasurer’s report.
