Newport, R.I., casts net for small-cap core equity manager

Newport, R.I., is looking for a small-cap core equity manager to run about $28 million.

Investment consultant Dahab Associates is assisting with the search. The city has about $170 million in trust assets across pension, other post-employment benefits, and trust and scholarship funds.

The RFP is available on Dahab's website. Proposals are due by 5 p.m. EDT on June 28. A hiring date has not yet been determined.

Further information was not available. William E. Dahab, principal and director of research at Dahab Associates, and Patricia A. Cofield, administrative assistant to Mayor Henry F. Winthrop, could not be reached for comment.