Rhode Island State Investment Commission, Providence, is searching for at least one alternative investment consultant for the $8 billion Rhode Island Employees' Retirement System, Providence.
The RFP was issued because of state Treasurer Seth Magaziner's policy to put all administrative contracts up for bid by the end of his current four-year term. Cliffwater is the current consultant and is invited to rebid, said Evan England, spokesman for Mr. Magaziner.
The commission is looking to hire one or more consultant to advise on private equity, private debt, hedge funds, private infrastructure and private real estate.
The RFP is available on the state treasurer's website. Proposals are due by 5 p.m. EST on Dec. 11. A selection date was not disclosed.
Mr. Magaziner oversees the investment commission.
