Investment Management Services

A government authority located in California is seeking investment management services to handle portfolio management. The agency is preparing to revise its investment policy to allow additional investments consistent with State statutes. To solve this need, the agency requires a qualified partner to manage portfolios consisting of operating funds and construction funds. The scope of work covers comprehensive portfolio management. Bidders must provide an organizational chart showing the functions, positions, and titles of their investment professionals. The agency also requires biographical information, resumes, and the tenure at the firm for all investment professionals involved in the portfolio decision-making process. Bidders must submit data on their account and asset growth over the past three years. The agency also requires bidders to disclose the number of separate accounts they manage whose portfolios consist of operating funds and construction funds. Only onshore organizations based in the United States are eligible to bid. The performance of the work may occur onsite or offsite. The agency is currently looking for proposals and has not disclosed a specific budget. The source document does not contain evaluation criteria or key dates for this opportunity.