Victoria College Foundation, Victoria, Texas, is searching for a discretionary investment consultant.
The $13 million foundation issued an RFP to fulfill its fiscal responsibility to put the services up for bid, said Kelsey Huber, the foundation’s finance specialist, in an email. Current consultant Principal Financial Group is invited to rebid, Ms. Huber said.
The target allocation is 50% each equities and fixed income, according to its investment policy.
The RFP is available on the foundation's website. Proposals are due on March 31. A selection is scheduled for May 15.