Kent District Library Employees' Retirement System, Comstock Park, Mich., is searching for an investment consultant.
The $42 million pension fund is searching for a firm to provide general plan consulting, including “investment policies and procedures, asset allocation and fiduciary training,” according to an RFP posted on the library's website. Information regarding the current firm was not available.
The RFP is available on the library district's website. Proposals are due at 2 p.m. EDT on March 21. A decision is expected by May for a contract start date of July 1.
Sherry Bava, finance director, declined to provide further information.