Hertfordshire County Council Superannuation Fund, Hertford, England, is searching for a private equity manager for a commitment of up to £55 million ($82.25 million), said Jill Digby, finance manager. The £1.1 billion plan already has committed £50 million to Pemira, the private equity unit of Schroder Investment Management.
"We are just attempting to diversify across asset classes and to spread the risk away from equities,” Ms. Digby said.
The deadline for proposals is Oct. 18, she said. Mercer Investment Consulting is assisting.
