Miramar (Fla.) Firefighters' Pension Fund is searching for an active domestic large-cap growth equity manager to run $9 million, confirmed Steven Roth, director of manager research at Dahab Associates, the $72 million pension fund's investment consultant.
The search is being conducted because the current manager, Rushmore Investment Advisors, which runs a similar portfolio, is on watch for performance. Rushmore is invited to rebid. Todd Bulot, Rushmore spokesman, did not return a phone call seeking comment by press time.
The RFP is available at http://www.dahab.com/media/rfps/Miramar-LCG-April%202013.doc. Proposals are due at 5 p.m. EDT on April 17. A timetable for a decision has yet to be determined.
Denise McNeill, Miramar pension fund administrator, did not return a phone call by press time.