Sanford (Fla.) Police Officers' Pension Fund issued an RFP for an active domestic large-cap value equity manager to run about $4 million, said Kevin Smith, city finance director. Consultant Dahab Associates has been unhappy with the performance of existing manager Fox Asset Management, he said.
The RFP is available on Dahab's website at www.dahab.com. The deadline for proposals is March 25, and officials for the $19 million plan will schedule final presentations for May.
Doug Edler, managing director at Fox Asset, did not return a call seeking comment by press time.