Weld County Retirement Plan, Greeley, Colo., is searching for a general investment consultant.
The $473 million pension fund is seeking proposals from investment consultants offering nondiscretionary services, according to an RFP posted on the BidNet Direct procurement website.
The RFP does not disclose whether current consultant CAPTRUST Financial Advisors is eligible to rebid.
As of Dec. 31, the pension fund’s actual allocation was 46.8% public equities, 22.1% fixed rate debt, 14.3% floating rate debt, 13.5% real estate, 2% private equity and 1.3% cash.
The target allocation is 30% public equities, 25% fixed rate debt, 20% real estate, 15% floating rate debt and 10% private equity.
The RFP is available on BidNet Direct. Registration is required. Proposals are due at 10 a.m. MDT on June 4. A timeline for a selection has yet to be determined.
Brigitte Grimm, county treasurer and public trustee, could not be immediately reached for further information.
