Worcester Retirement System, Worcester, Mass., is searching for a private equity manager to invest $5 million in a mezzanine debt limited partnership, a new mandate, said Chris Welch, private equity analyst at Meketa Investment Group, consultant for the $599 million system. Proposals are due July 25 and should be sent to Mr. Welch at 35 Braintree Hill Park, Suite 202, Braintree, MA 02184, or by e-mail to [email protected]
Oklahoma City Retirement System is issuing RFPs for an active domestic fixed-income manager, said Rena L. Hutton, retirement systems manager; the amount of the portfolio has not been determined. The RFP is available online at www.acgnet.com; proposals are due Aug. 2. Asset Consulting Group is advising the $332 million plan.
Taunton Contributory Retirement System, Taunton, Mass., issued an RFP for an active domestic small-cap core equities manager to run a $7.5 million portfolio, said Paul J. Slivinski, executive director. The search is prompted by the departure of a portfolio manager and a change in the style objective at Fleet Investment Advisers, the $110 million system's current small-cap manager. Fleet will be asked to rebid. The RFP is available by e-mail from [email protected] Proposals are due Aug. 12. Segal Advisors is assisting.
Ohio Police & Fire Pension Fund, Columbus, issued an RFP for one or more active domestic large-cap growth equity managers to handle up to $600 million in total. The $8.2 billion fund is bringing its portfolio more in line with its Wilshire 5000 benchmark, said Amy Hoiland, communications manager. The RFP is available from the system's website at www.op-f.org, or by writing to Janeane Mayesky, purchasing manager. Proposals are due Aug. 16. Wilshire is assisting.
New Mexico Mortgage Finance Authority, Albuquerque, is issuing RFPs for a manager to run between $10 million and $40 million in cash, Treasury and agency securities for its $1.3 billion portfolio, said Yvonne Segovia, controller. The RFP is available at the MFA website, www.housingnm.org, or by faxing a request to the attention of Ms. Segovia at (505) 243-3289. Proposals are due Aug. 30.
Quincy Retirement System, Quincy, Mass., issued an RFP for a consultant to advise its $245 million pension plan, said Edward J. Masterson, executive director. Plan officials decided to conduct a search because of personnel changes at incumbent Watson Wyatt, which will be asked to rebid, he said. Proposals are due Aug 30. Interested parties can contact Mr. Masterson by mail at 1305 Hancock St., Quincy, MA 02169; by fax at (617) 376-1149; or by e-mail at [email protected]
Los Angeles County Employees' Retirement Association, Pasadena, Calif., asked its staff to prepare an RFI for a domestic high-yield bond manager. The $26 billion fund is concerned with the performance of existing manager Loomis Sayles, which runs a $300 million high-yield portfolio for the fund, said Juan M. Almaguer, senior investment officer, fixed income at the $26 billion fund. Final approval for the RFI is expected by the end of the summer. Christopher Lazzaro, vice president-public relations at Loomis Sayles, said the firm does not comment on client-related matters.
AP2, Goteborg, Sweden, is searching for active international equity money managers to run more than 20 specialist mandates totaling $4.5 billion, to be invested on a regional and sector basis. Officials at the $13.5 billion plan are moving away from the plan's passive strategy. The searches are expected to be completed by year end, according to AP2 officials. Each money manager will be asked to specialize in a particular market sector and invest the money along regional lines. The exception will be Japan and the Pacific Rim, which will be managed on a regional basis only. Evert Carlsson, AP2 investment officer, would not comment on the tender.
New Mexico Public Employees Retirement Association, Santa Fe, plans to issue RFPs in September for an active domestic small-cap value equity manager to run $600 million, said Robert Gish, investment director. The $9 billion fund is required by state law to rebid manager contracts every four years, he said. Current small-cap value managers Brandywine and Rothschild will be asked to rebid.
Kern County Employees' Retirement Association, Bakersfield, Calif., in the fourth quarter will search for an active domestic small-cap growth equities manager to run $62 million, said David Deutsch, executive director of the $1.5 billion system. Wilshire will assist.