Miramar (Fla.) Firefighters’ Pension Fund is searching for a passive or active core fixed-income manager to run $5 million, confirmed Steven Roth, director of manager research at Dahab Associates, the $63 million fund’s consultant.
Mr. Roth said in a telephone interview that the mandate is now passively run by Northern Trust. He said the retirement system was looking to see what is available in the market; Northern Trust is invited to rebid.
The RFP can be found at Dahab's website. Proposals must be sent to Mr. Steven Roth, director of manager research, Dahab Associates Inc., 423 South Country Road, Bay Shore, NY 11706.
Proposals are due by 5 p.m. EDT on Oct. 25. A timeline for selection was not specified.
Fund administrator Denise McNeill could not be reached for comment.