Ohio University Foundation, Athens, is searching for one or more non-discretionary investment consultants for the school's $934 million long-term endowment pool.
The university is seeking proposals from firms that provide general investment consulting services and/or alternative investment consulting services, according to an RFP posted on the university's purchasing website.
The RFP does not disclose the name of the firm or firms currently providing the services or whether they are invited to rebid. The last time the university put the services up for bid was in 2019 when the university's investment committee decided to move to a non-discretionary investment consulting model from an outsourced CIO model.
The university hired Fund Evaluation Group as its single consultant at the time. Hirtle Callaghan had previously been serving as the foundation's OCIO.
The RFP is available on the university's purchasing website. Registration is required. Proposals are due by 3 p.m. EST on Feb. 15. A timeline for a selection was not provided.
Nico Karagosian, president and CEO of Ohio University Foundation, and the university's vice president, university advancement, could not be immediately reached for further information.