Searches and Hires

Austin Police issues call for investment consultant

City of Austin (Texas) Police Retirement System is searching for an investment consultant to advise the $770 million fund on asset allocation, manager selection, reporting and other services.

The RFP​ is "the result of the board's desire to follow best practices and periodically review their selections for all major consulting services," said Pattie Featherston, executive director, in an email.

AndCo Consulting, the incumbent investment consultant, may rebid.

The effective date and length of the new contract is yet to be determined, Ms. Featherston said.

RFP responses are due by 5 p.m. CST on Feb. 23.

Finalists for the contract will make presentations to the board at its March 21 meeting.