Federal Retirement Thrift board plans to search for TSP investment consultant

Federal Retirement Thrift Investment Board, Washington, is seeking information to help it prepare a request for proposal for investment consulting services for the $336 billion Thrift Savings Plan.

The board recently launched a review of TSP's custodial relationships, securities lending and investment management functions.

TSP's largest fund is the $163 billion G Fund, which invests in government securities and is managed internally with the U.S. Treasury. BlackRock (BLK) manages the federal employees plan's F Fund, a fixed-income index fund; the C Fund, a common-stock index investment fund; the S Fund, a small-cap equity index fund; and the I Fund, an international stock index fund.

Responses to the RFI are due April 24 at 3 p.m. EDT. Details are available from a government website.

No date for the RFP was available, and calls to Executive Director Greg Long and other officials at the FRTIB were not returned at press time.