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Investors - JANUARY 9, 2020

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Rhode Island pension fund seeks investment consultant

by Kali Persall

The Rhode Island–based Woonsocket Policeman’s and Fireman’s Closed Pension Fund has launched a search for an investment consultant, according to a request-for-proposal document posted on the City of Woonsocket’s website.

Sources have revealed that the current consultant, River & Mercantile Group, has been invited to rebid.

The city is urging firms with expertise in advising municipalities, pension funds or other public entities on investment-related services to apply.

The deadline to submit applications is Jan. 13.

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