University of Kentucky, Lexington, hired Fund Evaluation Group as non-discretionary investment consultant for its $1.2 billion endowment, said Todd Shupp, chief investment officer, in an e-mail.
The university also hired Northern Trust as custodian for the endowment.
RFPs were issued last year due to the June 30 contract expirations of Northern Trust and incumbent consultant RVK. Mr. Shupp declined to comment on whether RVK rebid.