University System of Georgia, Atlanta, is searching for a discretionary investment consultant and custodian for its $1 billion pooled investment fund, spokeswoman Jen Ryan said.
The board of regents issued a request for qualified contractors to provide a pool of potential vendors for a search in 2020. The chosen firm will begin services July 1, 2020.
Current consultant and custodian SunTrust will be eligible to rebid, Ms. Ryan said.
The pooled investment fund consists of the assets of six funds, including the $68 million Diversified Fund for Foundations.
The RFQC and other documents are available on the state of Georgia Procurement Registry website. Registration is required. Responses are due at 5 p.m. EST on Nov. 7. A timeline for a decision was not provided.