The vendor is required to provide by investment consulting services comprehensive, high quality, and cost-effective benefit plans and programs that provide optimum value to county, its members, and its retirees.
- investment consulting firm to assist the Board by providing advice and expertise with respect to the investment and management of the assets of the Fund, including providing oversight of the private markets program discretionary investment manager
- Provide comprehensive evaluation of the investment results achieved by the designated investment managers.
- Consultant may perform all of the following services:
- Advise on the development, implementation, and/or revision of investment policies and guidelines.
- Analyze and advise on the capabilities of investment managers, including the analysis of an investment manager’s personnel, investment philosophies and processes, internal and risk controls, risk-adjusted performance, and performance relative to mutually agreed on appropriate benchmarks and peers.
- Review the performance of investment managers through various methods, including interviews and on-site visits.
- Provide annual asset allocation reviews and recommendations.
- Advise on portfolio structure (e.g., active vs. passive, investment style mix).
- Provide up-to-date research and reports on various investment and risk management topics, and provide educational presentations to the board or staff, as requested.
- Conduct manager searches and assist and advise the board with respect to investment manager selections, watch list placements, and terminations.
- Monitor and oversee the existing private markets portfolio managed by the discretionary private markets investment manager, and report to the board on performance, commitments, capital calls, diversification, and redemptions.
- Promptly assist staff in all investment inquiries and back-office support, including rebalancing, custodial, banking, accounting, and operational questions and signature ready forms as requested by staff.
- Report, in a timely manner, any significant changes in the investment manager organizational structure, staffing, regulatory proceedings, and litigation.
- Provide an organization chart of your firm and describe the relationship between the investment consulting group and any other components of the firm.

- Contract Period/Term: 5 years