• F. Act as a Fiduciary responsible for oversight of performance and risk in line with the University's requirements.

REQUIREMENTS OF THE RFP OF YOUR FIRM

The following items should be specifically addressed in the response submitted:

A. Firm information

  1. Firm history
  2. Firm organization (ownership, location of headquarters, number of offices, number of investment-related staff, related organizations)
  3. Is your firm a Registered Investment Advisor or Broker Dealer? If no, what regulatory oversight are you subject to? Are you willing to assume a fiduciary role in your services as the investment management consultant, acting solely in the best interest of KSU?
  4. Do your clients receive unique access to managers or preferred institutional pricing with third party managers?
  5. Describe your primary products and services.
  6. Description of client base (defined by number of clients, industry and size of portfolio).
  7. Assets under management
  8. Relative to the scope of services, what key strengths or competitive advantages does your firm possess? What are your disadvantages?
  9. Describe policies in place to identify, manage and disclose conflicts of interest and maintain overall compliance with policies.
  10. Discussion of any past or present litigation or regulatory actions against your firm.
  11. Describe your firm's incorporation of ESG considerations (if applicable and related resources, tools, etc.
  12. Where do you custody your assets (which firm)?
  13. Discuss your firm's history with and commitment to diversity and inclusion.

B. Personnel and Firm Qualifications

  1. Qualifications and credentials of principals and professional staff (Please specify those individuals who will be directly responsible for this account)
  2. Number of years of experience in investment management
  3. Discussion of your customer service philosophy
  4. Overview of the roles and responsibilities of key senior staff and the professionals that will be involved with our relationship
  5. Depth of resources and number of personnel dedicated to third party investment manager research
  6. Resources available for investment committee and Board education

C. Relevant experience with other similar not-for-profit organizations

  1. List of your not-for-profit clients, include public and private Universities
  2. How would Kentucky State University be prioritized for servicing based on its size?

D. Investment strategy and recommended asset allocation