Missouri Department of Transportation and Highway Patrol Employees' Retirement System, Jefferson City, is searching for a general investment consultant.
The $2.9 billion pension fund is seeking an independent consultant to assist the board of trustees and investment staff in making "prudent investment management decisions," according to an RFP posted on the pension fund's website.
The RFP did not disclose whether current consultant NEPC is eligible to rebid.
As of June 15, the pension fund's actual allocation was 37.6% public equities, 15.4% traditional fixed income, 15.2% private equity, 12.2% real assets, 10.6% opportunistic debt, 8.4% real estate and 0.6% cash.
Proposals are due at 5 p.m. CDT on Aug. 6. A selection is tentatively scheduled for Sept. 23.
Larry Krummen, chief investment officer, could not be immediately reached for further information.
