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IPERS seeks RFPs for investment consulting services

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The Iowa Public Employees’ Retirement System has issued a request for proposals from qualified investment firms to provide investment consulting services for all asset classes. An evaluation committee consisting of IPERS Investment Board members and staff will evaluate proposals and make a formal recommendation to the 11-member board, which will determine which firm, if any, is successful. “The investment consultant is an integral part of the IPERS investment team, and we take seriously this responsibility to solicit and vet proposals from interested parties,” IPERS CEO Greg Samorajski said in a statement. “We are committed to selecting a firm that can bring unmatched skills in supporting a broad range of asset classes and investment management strategies.” Proposals are due May 7, and a contract with the successful firm will begin on Oct. 1. The RFP is available here.