Cooper City (Fla.) Police Officers' Pension Plan is searching for a custodian, said William E. Dahab, principal and director of research at Dahab Associates, the $27 million pension fund's investment consultant.
The pension fund has issued an RFP “to see what options are available to them,” Mr. Dahab said in an e-mail. Current custodian Salem Trust is invited to rebid.
The RFP is available on Dahab's website. Proposals are due at 5 p.m. EDT on Aug. 25. A timetable for a decision has yet to be determined.