University of Kentucky, Lexington, is searching for a non-discretionary investment consultant for its $1.2 billion endowment, said Todd Shupp, chief investment officer, in an e-mail.
The contract of current general consultant, RVK, will expire June 30, 2016. RVK is invited to rebid.
The RFP is available on the university’s procurement website. Proposals are due Nov. 20. Finalist presentations are tentatively scheduled for Feb. 18. A hiring decision is expected before June 30.
The endowment has a target allocation of 14% long-biased long/short equity; 12% each international equity, domestic equity, private equity and real estate; 10% each fixed income, absolute return and diversified inflation strategies; and 8% global tactical asset allocation.
