Milwaukee County Employees' Retirement System issued an RFP for cash overlay managers to manage an exposure of between $30 million and $60 million.
The retirement system, which oversees $1.8 billion, is seeking to enhance cash management capabilities and overlay exposures consistent with its asset allocation, according to the RFP.
Marquette Associates, the retirement system's investment consultant, is assisting in the search.
The RFP is available on the county's website. Responses are due July 11. A hiring date was not specified.
Marian Ninneman, ERS manager, couldn't be reached for comment.
