Tamarac (Fla.) General Employees' Retirement System and Police Officers' Pension Fund are searching for at least one active international equity manager to run $2 million and $1 million, respectively, said Gregory A. McNeillie, senior vice president at plan consultant Dahab Associates. The RFP is available at www.dahab.com, and proposals are due Dec. 6. Mr. McNeillie and plan officials will review and rate the proposals in February, but a timeline for interviews and a selection has not been determined. The plans could hire the same manager or each could hire a different firm, he said.
The $18.3 million general employee plan and the $10 million police fund will replace the portfolios' previous manager, State Street Global Advisors, for performance, Mr. McNeillie said. Hannah Grove, SSgA spokeswoman, did not return a call by press time seeking comment.
Lillian Pabon, secretary of the general employee plan's board, referred questions to third-party administrator First Benefits Services. Dan Gatzulis, administrative manager of First Benefits Services, and Barbara Chovan, chairwoman of the police pension board, referred questions to Mr. McNeillie.