United Nations Joint Staff Pension Fund, New York, is searching for a consultant to advise the fund on its overall governance structure.
The $67.8 billion pension fund has issued a request for expression of interest because the U.N. General Assembly has requested that an "independent external entity, with expertise in pension fund governance matters, be engaged to conduct a comprehensive and objective analysis of the governance of the fund, giving due regard to best practice standards of pension funds," according to the REOI posted on the U.N.'s purchasing website.
The U.N. wishes to reform the governance structure of the pension fund, drawing on best practices of global public pension funds, the REOI says.
The REOI is available on the U.N.'s purchasing website. Expressions of interest are due Feb. 12. A timeline for a decision was not provided.
Youssef Bousselham, procurement officer, would not provide further information.