Spokane (Wash.) Employees' Retirement System is searching for an investment consultant.
The $280 million pension fund has issued an RFP as a result of its policy to put the services up for bid every five years, said Phillip Tencick, retirement director, in an email.
Current consultant Hyas Group is invited to rebid, he said.
As of March 31, the pension fund's actual allocation was: 28.2% domestic equities; 25.3% capital preservation assets; 19.7% international equities; 9% real estate; 7.8% long-biased hedge funds; 7.1% opportunistic credit; and 3% special opportunities.
The RFP will be posted on the pension fund's website Thursday, Mr. Tencick said. Proposals are due at 5 p.m. EDT on June 29. A selection is expected on Sept. 2.