Jewish Foundation of Greater New Haven selects SCS Financial as consultant

The Jewish Foundation of Greater New Haven, Woodbridge, Conn., hired SCS Financial as its investment consultant, confirmed Lisa A. Stanger, executive director of the $47 million foundation, in an email.

An RFP was issued in June. Responses for both discretionary and non-discretionary consulting services were considered. SCS will have partial discretion on certain investments. Further details could not be learned.

The foundation’s growth over the last few years warranted a review of its consultant arrangement, Ms. Stanger said.

“One of the goals of the RFP process was to determine if it was appropriate to have both tactical and strategic in one consultant,” she wrote.

Prime, Buchholz & Associates was the previous investment consultant. Colonial Consulting, Meketa Investment Group and Prime Buchholz were the other finalists.

Prime Buchholz spokeswoman Valentina Dingle could not be immediately reached for comment at press time.