New Jersey Department of Treasury is searching for up to four investment consultants for private equity, real estate, hedge funds and a general consultant, according to an RFP posted on the department’s website.
The successful candidates will assist and advise the New Jersey Division of Investments, Trenton, “in making prudent investment decisions, implementing such decisions, and evaluating current and proposed investment strategies, structures and design,” according to the RFP.
The division had $71 billion in defined benefit assets as of Oct. 31, confirmed Treasury spokesman Bill Quinn.
The RFP is available on the New Jersey Department of Treasury’s website at http://www.state.nj.us/treasury/purchase/bid/summary/11x20963.shtml#overview.
Proposals are due by 2 p.m. EST Jan. 13 and must be sent to Bid Receiving Room, 9th Floor, Department of the Treasury, Purchasing Bureau, Division of Purchase and Property, 33 W. State St., P.O. Box 230, Trenton, NJ 08625-0230.
Mr. Quinn was unable to provide further information by press time.