FPIF utilizes a Request for Proposal (RFP) process when searching for qualified investment service providers. The RFP process allows applicants to supply information regarding the firm’s services, experience, fees and other relevant information that we need to assess a company’s suitability as a FPIF investment service provider.
FPIF seeks a non-discretionary investment consultant (“Consultant”) and approximately three discretionary OCIO Advisors (“Advisors”) to advise upon FPIF’s private markets portfolio. The Consultant and Advisors will assist FPIF as the fund constructs its long-term target allocation of 31% to private market asset classes. FPIF has target allocations of 10% to private equity, 7% to private debt, 10% to real estate, and 4% to infrastructure.
FPIF is seeking to select one or more products focused on building a portfolio of Private Equity fund interests via secondary market transactions that is diversified by underlying fund strategy type and geographic focus (“Private Equity Secondaries”).
FPIF seeks emerging market debt fixed income investment strategies to invest 3% of its assets. FPIF is
considering responses for both blended strategies that can allocate across hard currency, local
currency and hard currency corporates, as well as hard currency strategies.