Colorado Fire & Police Pension Association, Greenwood Village, is searching for general and specialty investment consultants, said Scott Simon, chief investment officer, in an email.
Specialty consulting services are being requested for illiquid alternatives (private equity, real estate, real assets and other illiquid strategies) and liquid alternatives (global macro, multistrategy, long/short equity, alternative beta and other hedge fund strategies) as well as the retirement association's defined contribution plan.
The searches are being conducted for due diligence purposes. Current general consultant Pension Consulting Alliance, liquid alternatives consultant Albourne Partners and DC consultant AndCo Consulting are invited to rebid.
The RFP is on the retirement association's website. Proposals are due by Sept. 13. A hiring decision is expected on Dec. 14.
The association administers $4.5 billion in defined benefit assets and $400 million in DC assets. As of June 30, the DB plan had 33% in public equities, 30% in illiquid alternatives, 15% in fixed income, 9% in absolute return, 7% in long/short equity, 4% in managed futures and 2% in cash.