Cocoa (Fla.) Firefighters' Pension Fund issued an RFP for at least one active manager to run up to $6 million in domestic large-cap equity and up to $3 million in domestic fixed income, said Gregory A. McNeillie, senior vice president at plan consultant Dahab Associates. He said the $10 million fund might hire a balanced manager or multiple managers, and plan officials may seek an equity combination of large-cap value and large-cap growth. The RFP is available on Dahab's website, www.dahab.com; proposals are due Nov. 30, and Dahab will review and rate proposals early in December. Mr. McNeillie said a selection could be made by the end of the first quarter.
Freedom Capital Management, which runs the $9 million in a balanced portfolio, is on watch for performance but can rebid, Mr. McNeillie said. Michael Spencer, Freedom Capital CIO, would not comment.
John Titkanich, the city's economic development director and a member of the pension board, did not return a call by press time seeking comment.
