Request for Proposal for Investment Consultant for the Toronto Investment Board

The Public Gallery wrote no story on this item. What follows is the city’s own record of what happened to it, as filed: nothing on this page is summarised or scored by us.

The decision

2022-06-23 · Toronto Investment Board · adopted

As filed

The Toronto Investment Board: 1. Authorized the Director, Capital Markets to initiate a Request for Proposal on behalf of the Toronto Investment Board for an investment consultant to assist the Board. 2. Directed the Director, Capital Markets to report the results of the Request for Proposal along with a recommendation for contract award to the successful investment consulting firm to the Investment Board. 3. Directed

Show the rest of As filed, 253 more characters as filed

that Confidential Attachment 1 to the report (June 9, 2022) from the Director, Capital Markets remain confidential in its entirety, as it contains information that involves the security of property belonging to the City and the Toronto Investment Board.

On the agenda

As the city filed it

The contract for the Toronto Investment Board's investment consultant expires on January 14, 2023. The Board requires an investment consultant to effectively support the investment activities of the Board. To minimize disruption to operations, the Director, Capital markets requests authority from the Board to initiate and conduct and Request for Proposal on behalf of the Board to hire an investment consultant.

Staff recommended

The Director, Capital Markets recommends that: 1. The Toronto Investment Board authorize the Director, Capital Markets to initiate a Request for Proposal on behalf of the Toronto Investment Board for an investment consultant to assist the Board. 2. The Director, Capital Markets be directed to report the results of the Request for Proposal along with a recommendation for contract award to the successful investment consulting firm to the Investment Board.

Show the rest of Staff recommended, 270 more characters as filed

3. The Toronto Investment Board direct that the confidential information contained in Confidential Attachment 1 remain confidential in its entirety, as it contains information that involves the security of property belonging to the City and the Toronto Investment Board.

On the record

The item as the City filed it