Hazleton, Pa., searching for investment manager for 3 pension plans

Hazleton (Pa.) Firemen's Pension, Police Pension and Non-Uniform Pension Plans are seeking an investment manager for the three plans, which have about $25 million combined, Hazleton Mayor Joe Yannuzzi confirmed in an e-mail.

ASCO Financial is the current manager and is invited to rebid.

Applicants must have 10 or more pension clients under contract; $100 million or more under management; the ability to provide all services described in the RFP, either directly or with a subadviser; and at least 10 years experience providing similar services.

The RFP can be found on the city's website.

Proposals are due Aug. 21. A selection is expected to be made Sept. 29.