Texas State University System, Austin, is searching for an investment consultant for its endowment and/or operating funds, said Daniel Harper, deputy vice chancellor for finance for the system.
The search is being conducted as a best practices measure, Mr. Harper said. Current consultant Shepherd Kaplan can rebid.
The RFP is available on Texas Comptroller Glenn Hegar's procurement website.
Proposals are due by 11 a.m. CDT on Oct. 31, with a hiring decision by Dec. 1.
As of May 31, the system had $218 million in endowment assets.