State of Wisconsin Investment Board, Madison, is searching for firms to provide consulting services in asset allocation, benchmark setting and performance measurement, manager search and selection, and manager oversight for its $73.9 billion fund. Incumbent Strategic Investment Solutions can rebid. "We are unbundling the services. We don't want to have one consultant doing all three. That is the intent," said Vicki Hearing, public information officer. "This is the first time we've gone with an RFP for these services," she added.
The RFP will be posted Jan. 27 on its website at www.swib.state.wi.us. Proposals will be due Feb. 17, and the board could make a selection in April.