Pension Benefit Guaranty Corp., Washington, is searching for at least two emerging markets equity managers to run between $200 million and $500 million each.
The PBGC issued an RFP for multiple managers and is seeking only commingled fund vehicles, and “emerging market assets managed as part of an ACWI or EAFE strategy may not be included,” according to a posting on the Federal Business Opportunities website.
Proposals are due at 9 a.m. EDT July 18.
PBGC spokesman Marc Hopkins said he could not provide any comment or further information on the RFP or which assets are being invested.
