Arizona State Retirement System, Phoenix, is searching for a general investment consultant.
The $51.2 billion pension fund has issued an RFP due to the upcoming expiration of current consultant NEPC's contract, said David Cannella, pension fund spokesman. The firm is invited to rebid, he said.
The pension fund's target allocation is 44% public equities, 23% credit, 17% real estate, 10% private equity and 6% interest rate sensitive assets.
The RFP is available on the state's procurement website. Registration is required. Proposals are due at noon MST on Nov. 27. A selection is expected in the first quarter of 2024, said Cannella.
