Fort Worth (Texas) Employees' Retirement Fund is searching for general investment consultants and private asset consultants, said Robert Hulme, deputy director of investments and operations, in an email.
The reason for the search could not immediately be learned, although Mr. Hulme noted in his email that current consultants are invited to rebid.
RVK is the pension fund's general consultant, while Hamilton Lane consults on the fund's private equity investments.
The combined RFP is available on the pension fund's website.
Firms can submit proposals for one or both services, Mr. Hulme said.
Proposals are due by 5 p.m. CDT on March 23. A hiring decision is anticipated on June 26 or 27.
As of Dec. 31, the $2.3 billion pension fund had an asset allocation of 46.1% growth (public equity, real estate investment trusts, growth hedge funds, emerging market debt and high-yield debt); 20.9% high-growth assets (private equity, non-core private real estate, high-growth hedge funds and emerging markets equity); 14.6% capital preservation; 9.4% diversifying hedge funds; 7.4% inflation (private core real estate, commodities and master limited partnerships); and 1.6% liquidity.