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 project requires reviewing and recommending updates to investment guidelines, providing orientation and historical context to newly appointed committee members, and offering secure online access to real-time or near-real-time portfolio holdings. The agency requires the selected partner to monitor exposures, conduct stress testing, and recommend adjustments to ensure compliance with risk parameters, investment policies, and statutory requirements. Communication requirements include maintaining transparent, timely updates with staff and governing bodies regarding portfolio status, risks, and opportunities, alongside delivering quarterly performance reports. Performance of all requested work will take place offsite. Eligible bidders must be onshore organizations located entirely within the United States. The agency is currently looking for proposals to determine the budget and financial structure for these services. Bidders must submit all questions regarding this opportunity no later than June 19, 2026.