$28m Endowment Advances 3 Firms to Finals Presentation following Consultant eRFP
eRFP Update: Following an eRFP, $28m VT Endowment, The Curtis Fund, has advanced the following 3 firms to in-person finals presentations set to take place on May 5th, 2017: Vanguard Institutional Advisory Services, Fiduciary Investment Advisors and Fund Evaluation Group, LLC. A final decision is expected shortly thereafter.
This message was approved by: Joseph Boutin, President, The Curtis Fund
Name: General Education Fund, Inc. D/B/A The Curtis Fund
Account Size: $28,000,000
Account Type: Endowment
Location: Burlington, VT
Principal RFP Contact: Joseph Boutin, Chairman
An RFP for Traditional Consulting services was issued to select firms. The incumbent, Merchants Trust Company, was invited to re-bid. The Endowment is conducting the RFP to prudently gain insight into fees and services typical in the current marketplace, and will determine the best course of action. Funds are currently invested in mutual funds.
The RFP was issued (to invited-candidates only) on February 1st, 2017, and proposals are due March 1st. In-person finals presentations are expected to occur May 5th, with a final decision expected by May 16th.