Investment Management Services For the Vanderbilt Endowment

Project Description: The County of Suffolk, acting through its duly constituted Suffolk County Legislature, seeks proposals from qualified investment advisors to provide investment management services for the Suffolk County Vanderbilt Museum’s $16 million maintenance fund portfolio. The County is seeking both long and short-term strategies in accordance with the investment objective to preserve the principal corpus of the Fund ($8.2 million), to maintain a high level of income that is steady, predictable, and likely to be drawn down against for operating purposes, and provide for future growth of income through long-term capital growth.