West Chester, Pa., is searching for an investment consultant for its Uniformed Pension Plan and Non-Uniformed Pension Plan.
The borough is seeking a consultant that will assist its pension committee in investment manager searches, development of manager performance standards, and modifications of the pension funds' investment policies, according to an RFP posted on the borough's website.
The plans had $66 million in combined assets as of Jan. 1, 2021, according to the RFP, which does not disclose the name of the current consultant or whether the firm is eligible to rebid.
The RFP is available on the borough's website. Proposals are due at 4 p.m. EDT on May 11. A timeline for a selection was not provided.
Sean Metrick, borough manager, could not be immediately reached for further information.