University of West Florida Foundation Inc., Pensacola, hired CAPTRUST Financial Advisors as investment consultant.
The $118 million foundation's executive committee at its May 17 meeting approved the recommendation of the investment committee to hire CAPTRUST, recently released meeting minutes show.
The foundation issued an invitation to negotiate in January. The minutes did not say whether current consultant Atlanta Consulting Group rebid for the services.
Eva "Jan" Butts, foundation director, and Daniel Lucas, the foundation's chief financial officer, could not be immediately reached for further information.
