Searches and Hires

Cocoa Firefighters casts net for smidap equity manager

Cocoa (Fla.) Firefighters' Pension Fund is searching for a domestic smidap equity manager to run $3 million, said an RFP posted on the website of Dahab Associates, the $18 million pension fund's investment consultant.

The pension fund has issued an RFP for an active or passive manager and will consider core, growth and value styles in its search, according to the RFP. According to an investment report, as of June 30, SouthernSun Asset Management ran $3.2 million in active domestic smidcap equities. Whether the firm is eligible to rebid could not be immediately learned.

The RFP is available on Dahab's website. Proposals are due at 5 p.m. EDT on Oct. 30. A timeline for a decision has yet to be determined.

William E. Dahab, principal and director of research at Dahab Associates, declined to comment.