San Francisco City & County Employees' Retirement System is expected to issue a RFP this week for a manager of emerging managers, running up to $200 million, or 5% of the $11.7 billion pension fund's U.S. equity portfolio.
The RFP will be posted on the plan's website, www.sfgov.org/site/sfers_index.asp, as early as March 16, with an April 20 deadline for submissions. A selection is expected at the July 13 board meeting.
Separately, the board also altered the target weightings for its international equity portfolios, boosting its EAFE conservative/value allocation to 25% from 20% while reducing its EAFE aggressive/growth portfolio to 15% from 20%. No changes were made to the fund's mandates, said Clare Murphy, executive director.
