HPRS says it is considering adding one, or more than one, transition manager to the roster of service providers who assist in the management of investment assets.
According to HPRS, selected candidates will be placed in a pool for the purpose of bidding on future, but currently unidentified transitions.
The RFP states that respondents must have a minimum of three years of experience in providing transition management services to institutional investors in one or more of the following asset classes:
- domestic equity (all capitalization ranges),
- U.S. investment grade and high yield debt,
- international equity, and
- emerging markets equity and debt, including foreign exchange.
Responses must be submitted electronically by December 6, 2010. The RFP is online at https://www.ohprs.org/ohprs/Investments.jsp