Nashville (Tenn.) & Davidson County Metropolitan Government Employee Benefit Trust Fund is searching for a general investment consultant and its first alternative investment consultant, said Fadi BouSamra, chief investment officer, in an e-mail.
The $2.8 billion pension fund’s investment committee decided in June to add a dedicated consultant to advise on alternative assets, “mainly due to the plan’s growing needs,” Mr. BouSamra said at the time.
Summit Strategies Group, currently the pension fund’s sole investment consultant, is invited to rebid.
Both RFPs are available on Nashville’s website. Registration is required. Proposals for both searches are due at 2 p.m. EST on Nov. 18. A timeline for a decision has yet to be determined.