Searches and Hires

California State University Channel Islands Foundation seeks investment consultant

California State University Channel Islands Foundation, Camarillo, Calif., is searching for an investment consultant, said Ilene Mehrez, interim manager, procurement, in an email.

The $15 million foundation has issued an RFP because the contract of current consultant Beacon Pointe Advisors will expire Dec. 31. The firm is invited to rebid.

As of Dec. 31, the foundation's actual allocation was 31.7% domestic equities, 23.6% fixed income, 17.8% international equities, 16.3% alternatives and 10.6% cash.

The RFP is available on the PlanetBids procurement website. Registration is required. Proposals are due at 3 p.m. PDT on April 17, A decision is expected Sept. 28.

Ysabel Trinidad, the university's vice president for business and financial affairs, could not be immediately reached to provide further information.