State of Wisconsin Investment Board, Madison, is searching for one or more non-discretionary consultants for its private equity/debt, real estate and hedge fund asset classes.
The board, which oversees $148.8 billion in state assets including the Wisconsin Retirement System's $118.1 billion Core Trust Fund, is searching for a consultant to assist its investment staff in long-term investment strategy, investment manager search and selection, and ongoing portfolio monitoring, according to an RFP posted on its procurement website.
SWIB currently uses StepStone Group as its private equity consultant, StepStone Real Estate as its real estate consultant and Aksia as its hedge fund consultant. The RFP does not disclose whether all the firms are invited to rebid.
The RFP is available on SWIB's procurement website. Registration is required. Proposals are due at 5 p.m. CDT on Aug. 24. A timeline for selections has yet to be determined.
SWIB spokeswoman Shannon Gannon could not be immediately reached for further information.