Cambridge (Mass.) Contributory Retirement System, with $411 million in assets, is searching for a manager to run $45 million in active domestic large-cap value equities. RFPs are available from Kevin Leonard at consultant Segal Advisors. Proposals are due by 3 p.m. EDT April 5.
Pennsylvania Municipal Retirement System, Harrisburg, is searching for two managers to run $50 million each in active international equities for the $1 billion plan. Funding will come from reducing a $150 million EAFE index fund managed by State Street Global, said Lillian Jones, senior consultant at Dahab Associates. RFPs are available at www.dahab.com. Proposals are due by 4 p.m. EDT April 16.
Wichita (Kan.) Retirement Funds is searching for a bundled provider for its $30 million 457 plan. The contract of incumbent Great West Life expires soon; Great West can rebid, said Robert Lancaster, pension manager. RFPs are available at www.wichitagov.org and are due by 5 p.m. CDT April 20.
Swampscott (Mass.) Contributory Retirement System is searching for an active domestic large-cap growth equity manager to run $5.3 million. If the $25 million system hires a manager, it would replace Freedom Capital, which manages the money in the same style, said Kevin Leonard of consultant Segal Advisors. Deadline for proposals is April 24.
Phoenix City Employees' Retirement System is searching for two active domestic equity managers to run $60 million to $70 million each, one in small-cap growth and one in midcap value, for the $1.4 billion system. Funding will come from terminating Nicholas-Applegate, which ran $140 million in systematic, active domestic small-cap growth, said Rey Servin, administrator for the system. RFPs are available from consultant Becker Burke Associates at [email protected] .com. Proposals are due by April 27, said Mr. Servin.
Methuen (Mass.) Contributory Retirement System is searching for a large-cap domestic core equities manager to run $25 million. The $67 million system is not committed to a hiring but "wanted to see what other large-cap managers are out there," said Kevin Leonard, Segal Advisors. Funding would come from a balanced portfolio run by David L. Babson. Deadline for proposals is April 26.
Navajo Nation, Window Rock, Ariz., is searching for a bundled provider for its $35 million 401(k) plan and an actuary for its $200 million defined benefit plan, said Roger Martinez, plan administrator. Current bundled provider Zurich Scudder and actuary Watson Wyatt will be able to rebid. RFPs can be obtained by contacting the Navajo Nation. Proposals are due by the end of April.
Kentucky Public Employees' Deferred Compensation System, Frankfort, with $260 million in assets, is searching for a consultant. Current consultant Mercer's contract expires at the end of June, said Christopher Helvy, principal assistant at the authority. Mercer will be allowed to rebid. RFPs are available from Robert C. Brown, executive director. Deadline for proposals is noon EDT April 16.
Prince William County Police and Fire Supplemental Retirement System, Woodbridge, Va., is searching for an investment consultant for its $12 million defined benefit plan, said Bob Willard, county portfolio manager. RFPs are available from Mr. Willard at [email protected] Deadline for proposals is 3 p.m. EDT April 25.
Arizona State Retirement System, Phoenix, is searching for an actuary. Current actuary Watson Wyatt's contract has expired, said Bob Wittsell, procurement manager for the $23 billion system. Watson Wyatt will be able to rebid. RFPs are available from Mr. Wittsell at [email protected] Deadline for proposals is April 19.
New York City Deferred Compensation Program is gathering information on stable-value fixed-income managers for its $4.5 billion 457 plan. A search could result, said Georgette Gestely, program director. RFIs are available at nyc.gov/html/olr/html/rfp/dcprfps.html. Deadline for responses is 4: 30 p.m. EDT May 10.
Maryland-National Capital Park and Planning Commission Employees' Retirement System, Riverdale, Md., is searching for an investment consultant/adviser for its $480 million defined benefit plan. Current consultant New England Pension Consultants' contract has expired, said Heather Whitaker, administrative assistant for the system. NEPC will be able to rebid. Proposals will be available from April 16 through April 23 by contacting Ms. Whitaker at [email protected] Deadline for proposals is May 21.
