Platte River Power Authority, Fort Collins, Colo., is searching for an investment consultant for its $70 million defined benefit plan, confirmed Julie Depperman, treasury manager.
Incumbent Watershed Investment Consultants is invited to rebid.
The pension plan has a target asset allocation of 30% domestic equity; 20% each, fixed income and international equity; and 15% each, real estate and hedge funds.
The RFP can be obtained by e-mailing the fund at [email protected]. Proposals are due at 5 p.m. MDT July 12. Finalists will be selected Aug. 15 with a hiring decision expected on Sept. 30.