London Borough of Camden Pension Fund is looking for one or more managers to run a £100 million ($166.4 million) to £150 million unconstrained global equity allocation, confirmed a spokesman for the fund.
Managers must have the capacity to run manage up to a £500 million allocation, according to a notice posted on European procurement website Tenders Electronic Daily.
The £1.2 billion pension fund already has a 30% allocation to global equities, according to its 2012-2013 annual report.
The RFP is available on Tenders' website. Proposals are due March 14.