Denver Board of Water Commissioners Employees' Retirement Plan is searching for an investment consultant, confirmed Antoinette Chavez, contract development specialist.
The contract will start Jan. 1 and run for three to five years. Ms. Chavez declined to name the incumbent.
The $241 million pension fund's asset allocation is 28% domestic equity, 26% fixed income, 17% international equity, 10% each global equity and real estate, 8% hedge funds of funds and 1% cash.
Proposals are due at 10 a.m. MDT Sept. 14. Three finalists will be selected Sept. 21 and make presentations to the board on Oct. 18. A final hiring decision is expected in November or December.