Hampden County Regional Board of Retirement, Springfield, Mass., issued an RFP for an active domestic core fixed-income manager to handle $25 million to $30 million, said William B. Southerland, executive director. Sirach Capital, which currently manages the money in a similar style, is welcome to rebid, Mr. Southerland said. Officials at the $150 million pension plan decided to conduct the search because of performance and personnel changes at Sirach, he said. William Pharr, director of human resources at Sirach, did not return calls seeking comment by press time.
The RFP is available from consultant Segal Advisors by mail or by fax at (617) 424-7390. Proposals are due Jan. 23, Mr. Southerland said.
The current allocation is 60% equity, 36% fixed income and 4% cash.