The college has issued an RFP seeking a firm to provide investment management services for a scholarship fund.
The college selected a firm to provide banking and investment management services as well as armored car deposit responsibilities following the issuance and re-issuance of an RFP in the first quarter.
The city and county last issued an RFP for investment advisory and management services in 2019.
The plan is looking to establish a roster of investment consultants.
The plan committed to two private credit funds at a board meeting last week.
The plan’s investment consultant is recommending swapping for higher conviction managers.
The plan is seeking managers to handle a total of $5.9 billion.
The retirement fund will shift the $200 million mandate to a passive account at least initially.
The town is seeking a firm or firms to provide investment advisory services for its investment portfolio, which is currently managed by staff.
The retirement system replaced its Standard & Poor’s 500 Index Fund manager to cut costs in July.