Hampden County Regional Retirement System, Springfield, Mass., issued an RFP for an $18 million active domestic small-cap core equity portfolio, although the board will also accept proposals for extended small-cap/smid-cap core portfolios, said Carol Tam, an analyst with the pension fund's consultant, Segal Advisors.
Funding will come from terminating Dreyfus, effective June 30, for performance and organizational issues, said Julianna Bartley, executive director of the $184 million pension fund. Dreyfus manages a similar portfolio. Officials at Dreyfus could not be reached by press time for comment.
The RFP is available by e-mailing Brian Keenan at [email protected]; proposals are due by 3 p.m. EDT July 12.