Small- to Mid-Cap
The RFPs will seek managers to handle 10 different strategies.
The selected firm will replace an incumbent that was terminated earlier this year.
The plan’s current managers handle aggregate mandates of $25.6 million.
The plan launched a search earlier this year to replace a former manager that was terminated.
The selected firm will assume an $86 million mandate currently handled by an underperforming manager.
The plan is seeking small- to mid-cap growth and value equity managers as it considers a streamlining of its domestic equity portfolio.
The plan has narrowed a search to nine international small-cap managers for interviews with staff and its consultant.
The plan is looking to hire a small- to mid-cap growth equity manager to handle $85 million.
The plan is considering shifting its small- and mid-cap manager relationships as part of a broader discussion about the domestic equity portfolio.
The plan will also interview domestic large-cap growth managers next month, while the city’s Fire plan will interview emerging markets equity firms.