The university expects to reissue its RFP seeking an investment advisor for its endowment next month after canceling the search in the second quarter due to a change in requirements.
The agency has issued an RFQ for a banking and investment services provider to deposit and invest funds in FDIC-insured certificates of deposit, government securities or other fully collateralized assets.
The plan is seeking an investment manager to handle an investment in a non-publicly traded financial security after conducting a search last year for firms to handle direct investments of financial securities that are not typically traded on financial markets.