The Curtis Fund of the General Education Fund Inc., Burlington, Vt., hired Fiduciary Investment Advisors as investment consultant for its $28 million endowment, said Joseph L. Boutin, president and chairman, in an email.
The fund issued an invitation-only RFP in February to select a firm "to prudently gain insight into fees and services typical in the current marketplace," the RFP said. The incumbent consultant, Merchants Trust Co., did rebid.
The other finalists were Fund Evaluation Group and Vanguard Institutional Advisory Services.
The search was conducted using InHub's eRFP tool.