Professional Investment Management Services

The government authority located in Brooklyn, New York is seeking comprehensive, discretionary, professional investment management services for its assets. The agency needs to develop, implement, and maintain an investment strategy aligned with long-term goals, liquidity needs, cash-flow requirements, and risk tolerance. To solve its ongoing financial management challenges, the agency requires a partner to prepare cash-flow projections and ensure investment decisions support operational and capital needs. The scope of work covers designing, constructing, and managing a diversified portfolio across appropriate asset classes while applying prudent care, diversification, and cost-efficiency. The selected partner must provide ongoing consultation regarding market trends, economic developments, and regulatory changes affecting public funds and institutional portfolios. Additionally, the service provider must review and recommend updates to investment guidelines, provide orientation to newly appointed committee members, and offer secure online access to real-time portfolio holdings. Eligible bidders must be onshore organizations located in the United States. The agency requires all performance of the work to occur offsite. Bidders must submit quarterly performance reports and monitor exposures, conduct stress testing, and recommend adjustments to ensure compliance with risk parameters and statutory requirements. The agency is looking for proposals to determine the budget for these services. All questions regarding this opportunity must be submitted no later than June 19, 2026.