Texas Permanent School Fund, Austin, issued an RFP for a consultant to provide ongoing performance measurement for the funds $19 billion in assets. The funds general consultant for asset allocation and manager selection, Callan Associates, is expected to bid.
RFPs are available from the funds web site, http://www.tea.state.tx.us/psf. Proposals are due Jan. 10, and a selection will be made at the funds March 22 board meeting.