Searches and Hires

Philadelphia Treasurer scouting for investment manager for city endowment

The Philadelphia Treasurer's office is looking for an investment manager for the city's Empowerment Zones Neighborhood Funding Stream Program, a $30 million community endowment.

The endowment has an allocation of 44.9% in domestic equities, 36.9% taxable fixed income and 18.2% international equities.

The RFP is available on the city's procurement website. Proposals are due 5 p.m. EDT May 17. A selection is expected to be made in July.

Keola Harrington, assistant city treasurer, could not be immediately reached for additional information.