SFERS to launch RFP for general investment consultant

The San Francisco City & County Employees' Retirement System (SFERS) has decided to move forward with issuing an RFP for general investment consulting services, according to a recent board agenda.

On July 1, 2019, the retirement board issued an RFP for investment consulting services, and on Jan. 2, 2020, NEPC was awarded a three-year contract, which will expire at the end of 2022.

The general scope of work is to provide non-discretionary professional investment consulting services. Candidates for the general investment consultant role must meet a number of minimum qualifications, including that at least one key professional member of the firm must have a minimum of 10 years of experience working with institutional clients.

The contract will have an initial term of three years and include two options to extend the term of the agreements for a period of one year. The deadline