New Mexico State Investment Council, Santa Fe, is searching for a non-discretionary non-core fixed-income consultant.
The council, which oversees a combined $37.1 billion in endowment assets, has posted an RFP on its website for a consultant to advise the council and the state investment office regarding its non-core fixed-income portfolio, which is comprised primarily of private credit and public credit strategies.
The portfolio's target allocation is 18%. Council spokesman Charles Wollmann said in an email that current consultant Aksia has been invited to rebid.
The RFP is available on the council's website. Proposals are due at 5 p.m. MDT on May 2. A selection is scheduled for May 26.