Berkeley, Mo., pension fund hunting for investment consultant

updated

Berkeley, Mo., pension fund hunting for investment consultant

Berkeley (Mo.) Police/Fire Employees Retirement System is searching for an investment consultant, confirmed pension board secretary Cathy Davis.

The $12 million pension fund is conducting the search because current consultant Merrill Lynch informed the fund’s board it would no longer be offering those services to municipalities, Ms. Davis wrote in an e-mail.

Proposals are due at 4:30 p.m. CST on Feb. 22. A timetable for a decision has yet to be determined.

The RFP is posted on the city's website.