University of North Carolina, Wilmington, issued an RFI for investment consulting services for its $70 million UNC Endowment Fund and $2.5 million Foundation endowment.
The boards of trustees for both funds “are requesting information from independent investment management and consulting firms experienced in active portfolio management and serving a client base of higher education institutions and their foundations,” according to the RFI, which said the boards “are considering diversifying investment advisers and would like information on the spectrum of consulting services.”
The contract could include portfolio analysis, policy development, manager selection, portfolio construction, ongoing portfolio monitoring and performance reporting, according to the RFI.
Information on the current consultants was not available at press time.
The RFI is available on the university's website.
Responses are due by 2 p.m. EDT on July 17. There is no timetable for issuing an RFP.