Chicago Laborers’ Annuity & Benefit Fund is searching for a domestic smidcap growth equity manager to run $30 million.
The $1.4 billion pension fund is searching for a firm that has at least $300 million in assets under management in a smidcap growth strategy that started no later than April 2012, said an RFP posted on the website of NEPC, the pension fund’s investment consultant.
The pension fund does not currently have a domestic smidcap growth manager; Ariel Investments and Keeley Asset Management currently run domestic smidcap value equity strategies, according to the pension fund’s website. Further information could not be learned by press time.
The RFP is available on NEPC’s website. Proposals are due at 5 p.m. CDT on June 10. A timetable for a decision has yet to be determined.
Michael Walsh, the pension fund’s executive director and chief investment officer, did not return phone calls seeking further information by press time.
