Chicago Public School Teachers' Pension & Retirement Fund is searching for an active, domestic core fixed-income manager to run approximately $200 million, said Angela Miller-May, director of investments of the $9.8 billion pension fund, in an email.
The reason for the search and funding sources could not immediately be learned.
The RFP is available on the pension fund's website.
Proposals are due by 4:30 p.m. CDT on Aug. 21. Finalist presentations are tentatively scheduled for Nov. 16 with contract negotiations expected to be completed by Dec. 31.
Investment consultant Callan Associates is assisting.