Newport News (Va.) Retirement System is searching for one or two managers to run $20 million to $30 million total in active domestic small-cap equities, confirmed William E. Dahab, research analyst and principal at Dahab Associates, investment consultant to the $646 million system.
The firm or firms selected can manage the equities in core, value or growth styles. Mr. Dahab could not provide information on the funding source by press time.
Proposals are due 5 p.m. EST Jan. 20. Finalist presentation and manager selection dates have yet to be determined.
The RFP is available at Dahab Associates' website.
A phone call to Tonya O'Connell, acting director of finance for the city of Newport News, was referred to Dahab Associates.
