Wyoming State Loan and Investment Board, Cheyenne, is searching for an investment consultant.
The board issued an RFP because the contract of current consultant RVK will expire in June, said Patrick Fleming, chief investment officer. The firm is expected to rebid, Mr. Fleming said.
The board oversees $21 billion in seven state permanent funds, including the $8.1 billion Permanent Mineral Trust, $4.1 billion Common School Permanent Land Fund and $2.2 billion Workers Compensation Fund, and two non-permanent funds, which include the state's $5.5 billion in operating funds.
The RFP is available on the Public Purchase procurement website. Registration is required. Proposals are due at 2 p.m. MDT on March 9. A timeline for a decision was not provided.