University of Washington, Seattle, is searching for a non-discretionary investment consultant for its $3.6 billion consolidated endowment fund.
The university has issued an RFP for a consultant to provide investment advice to the board of regents and the University of Washington Investment Management Co., which oversees the investment management of both the endowment pool and the university's $3.8 billion in operating funds.
Whether current consultant Cambridge Associates is eligible to rebid could not be immediately learned.
As of June 30, the endowment fund's actual allocation was: 32% developed markets equities; 18% each, absolute return and emerging markets equities; 15% private equity; 10% fixed income; 4% real assets and the rest in opportunistic credit.
The RFP is available on the Washington state procurement website. Registration is required. Proposals are due at 5 p.m. PST on Feb. 16. A selection is scheduled to be announced April 20.
Keith Ferguson, chief investment officer, could not be immediately reached for further information.
