Danville (Va.) Employees' Retirement System is searching for a large-cap value equity manager to run about $15 million. The RFP, available on consultant Dahab Associates' website at www.dahab.com, does not indicate whether officials of the $175 million plan are seeking an active domestic manager. The funding source was not identified.
Nancy H. Warren, the retirement system coordinator, referred all questions to Richard E. Dahab, president of Dahab Associates, who did not return a call by press time. John O'Connell, spokesman for plan custodian Northern Trust, said the firm would not comment on a client matter.
State Street Global Advisors and Deutsche Asset Management are large-cap equity managers for the plan, according to the Money Market Directory.
Proposals are due Sept. 30, and final presentations are slated for Nov. 9.
