Oklahoma Firefighters Pension & Retirement System, Oklahoma City, will issue an RFP Wednesday for at least one active international equity manager to run a total of $51 million, benchmarked to the MSCI EAFE index, said Robert Jones, executive director. Officials for the $1.2 billion pension plan will fund the new mandate by reducing or terminating a $51 million portfolio managed in a similar style by Credit Suisse Asset Management, which has been asked to rebid for some or all of the portfolio, he said.
The RFP will be available on the plans website at www.okfirepen.state.ok.us. Proposals are due June 20, with finalists to be selected at the plans July 17 board meeting. Final presentations and selections will take place at the boards Aug. 15 meeting, he said.
Asset Consulting Group is advising.