Broward College, Davie, Fla., named four finalists in its search for an investment consultant for its $77 million foundation.
The foundation named Fund Evaluation Group, Marquette Associates, NEPC and Prime Buchholz as finalists, according to a posting on the DemandStar procurement website. Finalist presentations will take place Jan. 21; the timeline for a decision was not provided.
The college issued a request for letter of interest for a consultant in November. The name of the current consultant could not be immediately learned.
As of Sept. 30, the foundation's actual allocation was 59% fixed income, 27% cash and 14% public equities.
Orlando Aponte, procurement contracting officer, could not be immediately reached to provide further information.