Chattanooga (Tenn.) General Pension Plan is searching for an investment consultant.
The $328 million pension fund is seeking a consulting firm to assist its board with strategic and tactical investment planning, ongoing portfolio monitoring and performance measurement, and investment manager due diligence and recommendations, according to an RFP posted on the city's procurement website.
The RFP does not disclose the name of the current consultant or whether the firm is eligible to rebid. Recent board meeting minutes show the current consultant is CBIZ Investment Advisory Services.
The RFP is available on the city's procurement website. Registration is required. Proposals are due at 4 p.m. EDT on June 8. A timeline for a selection was not provided.
Cheryl Powell, manager, pension & benefits, could not be immediately reached for further information.