Indiana Public Employees Retirement Fund, Indianapolis, is searching for at least one core-plus fixed-income manager to run $500 million to $750 million; a Russell 1000 fundamental enhanced index manager for $600 million; and an active MSCI emerging markets equity manager for $150 million. Mercer is assisting in the searches.
The $17.2 billon fund could hire more than one firm for the fixed-income allocation and one manager for both equity mandates. RFPs are available at www.state.in.us/perf/. The deadline is Feb. 29 for the fixed-income submission and March 7 for the equity searches; the fund expects decisions by April 18. Further information was unavailable.