University of Calgary, Alberta, issued an RFP for an investment consultant to assist the C$900 million ($708 million) general endowment with its new private equity and private infrastructure allocation.
The endowment has allocated 10% of assets to each asset class, according to the RFP.
The asset classes are part of a new asset allocation for the endowment approved in 2016. Aon Hewitt Investment Consulting, the plan's general investment consultant, assisted with the new allocation.
The RFP is on the website of the Alberta Purchasing Connection, the province's public procurement website. Proposals are due at 2 p.m. MST Dec. 19; no selection date has been set.
Officials at the university could not be reached for further information.