Adams County Retirement Plan, Brighton, Colo., is searching for an investment consultant.
The $396 million pension fund issued an RFP due to the upcoming expiration of current consultant CAPTRUST Financial Advisors' contract, said Debbie Haines, executive director. The firm is eligible to rebid, she said.
As of Dec. 31, the pension fund’s actual allocation was 43% public equities, 18.9% fixed-rate debt, 13.3% floating-rate debt, 10.4% real estate, 8.2% private equity and 6.2% cash.
The target allocation is 40% public equities, 20% fixed-rate debt, 15% each floating-rate debt and real estate, and 10% private equity.
The RFP is available on the BidNet Direct procurement website. Registration is required. Proposals are due by 2 p.m. MST on March 4. A selection will be made by April, Haines said.
