Investment Management Services For the Vanderbilt Endowment
| Agency: | Suffolk County |
|---|---|
| State: | New York |
| Type of Government: | State & Local |
| NAICS Category: |
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| Posted Date: | Apr 3, 2025 |
| Due Date: | Apr 4, 2025 |
| Solicitation No: | 2025-07 |
| Original Source: | Please Login to View Page |
| Contact information: | Please Login to View Page |
| Bid Documents: | Please Login to View Page |
Description
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.
See Also
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