The Alameda Corridor Transportation Authority is looking to hire a discretionary investment advisor for its $180 million investment portfolio.
The selected firm will manage the portfolio—consisting of bond funds, debt reserve funds, debt service funds, occasional grant funds and operating funds—in compliance with California law and ACTA’s investment policies for an five-year contract term.
The Oakland, Calif.-based authority has issued an RFP available on its website and the deadline for proposals is July 31.
Questions regarding the RFP should be directed to IMS_RFP@acta.org.
The plan previously rehired Chandler Asset Management to a three-year contract in 2016 (fin|daily, 7/28/18; 7/21/16).
Management Information Systems Administrator Phillip Le did not respond to an e-mail seeking comment on the search by press time.