Alexandria (Va.) School Board Employees Retirement Plan is searching for an investment consultant.
The $132 million pension fund is seeking a consultant to provide "defined benefit retirement plan investment advisory, fiduciary, and plan design and compliance consulting services," according to an RFP posted on the state of Virginia's procurement website.
Principal Financial Advisors is the current consultant, according to the RFP. Whether the firm is eligible to rebid could not be immediately learned.
The RFP is posted on the state's procurement website. Registration is required. Proposals are due at 3 p.m. EST on Jan. 12. Finalist presentations are tentatively scheduled for the week of Jan. 25. A timeline for selection was not provided.
Angela Queen, buyer for the school board, could not be immediately reached for further information.