Delano (Calif.) Employee Pension Plan is searching for an investment manager, said an RFP posted on the city’s website.
The $26 million pension fund issued the RFP for a firm “to manage our domestic and international stocks, guaranteed investment contracts, mutual funds and annuities,” according to the RFP.
The name of the current manager and whether the manager is invited to rebid could not be learned by press time.
Proposals are due at 4 p.m. PDT on April 8. A timeline for a decision was not available.
The RFP is available on the city’s website.
Rosa Lara Rios, city finance director and treasurer, did not return a phone call by press time.