Pennsylvania tobacco investment board seeking consultant info

Tobacco Settlement Investment Board, Harrisburg, Pa., is searching for an investment consultant, confirmed Mary Kenee, administrative officer.

The contract of current investment consultant Callan Associates expires Dec. 31. Ms. Kenee did not know if it was invited to rebid.

The board oversees a total of $632 million in assets for the state's general Tobacco Settlement Fund, the Health Venture Investment Account and the Health Endowment Account for Long-Term Hope.

Proposals are due at 5 p.m. EDT on Nov. 2; the contract start date is Jan. 1.

The RFQ is available from the state's website.