Royal County of Berkshire Pension Fund, Maidenhead, England, issued an RFP for managers for a preapproved list to run a growth equity portfolio, said Nick Greenwood, pension fund manager for the £1.4 billion ($2.2 billion) fund.
The size of the investment portfolio has not been determined but was estimated by the pension fund to be between £10 million and £70 million. The funding source also hasn't been determined, but Mr. Greenwood said no managers will be terminated.
Proposals are due Aug. 6. Appointed managers are likely to be announced in the first quarter of 2013.
Further information can be obtained on the government's website.