Texas Tech University System seeks investment consultant

The $1.3 billion Texas Tech University System (TTUS) is seeking an investment consultant, according to an RFP launched July 18.

TTUS was unavailable to comment on its search, but media sources say the RFP is part of a policy that requires TTUS to put the position up for bid every six years.

NEPC, one of the industry's largest independent, full-service investment consulting firm, is the system’s current investment consultant. It services private wealth, insurance, healthcare, endowments, foundations, public funds and research institutions, in addition to several other types of clients. NEPC will be allowed to rebid.

Applicants will have until Aug. 8 to submit proposals.

Read the full RFP here.