Laurentian University, Sudbury, Ontario, is searching for an investment consultant for four retirement benefit plans.
The selected firm will advise on investments for a registered defined benefit pension plan, a supplemental DB plan, a post-retirement benefit plan and a voluntary early retirement plan, according to a posting on Merx, a Canadian procurement website.
Participants include current and former employees of Laurentian University, University of Sudbury, Huntington University and Thorneloe University.
The current consultant and whether it can rebid could not be learned by press time
The plans had a combined C$273 million (US$246 million) in assets as of April 30, according to the university's latest financial statement.
Proposals are due at 3 p.m. EDT April 7. A hiring date was not specified.
Neither Claudette Lefebvre, manager, pensions and benefits, nor Raymond Coutu, procurement officer, could be reached by press time for further details.