PortsToronto is searching for an outsourced chief investment officer or investment consultant for its $45 million pension fund, said an RFP on the port authority's website.
PortsToronto currently uses an investment consultant and is considering moving to an OCIO. Information on the current investment consultant could not immediately be learned.
Additionally, the Toronto port authority is searching for an actuarial consultant for the pension fund. The reason for the search and information on the incumbent actuarial consultant could not immediately be learned.
The combined RFP is available on PortsToronto's website. Proposals are due by 2 p.m. EDT on Sept. 27. A hiring decision is expected the week of Oct. 24.
Janelle McCarthy, corporate secretary, legal, could not immediately be reached for additional information.