Investors - FEBRUARY 3, 2016

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Philadelphia retirement fund seeks general investment consultant

by Zoë Wolff

The $4.6 billion Philadelphia Board of Pensions and Retirement is seeking a general investment consultant.

The pension fund’s current consultant, Cliffwater, is invited to rebid. State law requires contracts of this type be put out for bid at least once every four years.

The RFP is available on the city’s procurement website. Proposals are due March 1, and a selection is expected in the spring.

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