CalPERS, Sacramento, issued an RFP for managers to be placed on pre-approved lists of active and enhanced index domestic growth equity firms. Officials at the $200.7 billion California Public Employees' Retirement System pick managers for pre-approved lists and determine when and how much to fund their portfolios later.
Eligible managers must have at least $1 billion in growth equity assets under management and a three-year track record.
The RFP can be found on the fund's website at www.calpers.ca.gov/index.jsp?bc=/business/opportunities/2005-3787/solicitation-doc.xml. Proposals are due March 13, with finalist selections slated for June. The investment committee is expected to approve the lists in June or September.
