Utah School and Institutional Trust Fund, Salt Lake City, is looking for an investment consultant for its $2.6 billion fund.
Fund Evaluation Group is the board's current investment consultant and is being invited to rebid, confirmed investment analyst Johnny Lodder in an email.
The board may select one consultant to advise on the entire portfolio or select a generalist and one or more specialist consultant(s).
As of August, the fund had a target allocation of 37% to growth assets, 31% income, 20% real assets and 12% defensive assets.
The RFP is available on the office's website. Proposals are due by Oct. 28. A selection is expected to be made in March.