Davie (Fla.) Police Officers' Pension Plan is searching for an active domestic midcap equity manager to run $10 million, said William E. Dahab, principal and director of research at Dahab Associates, the $130 million pension fund's consultant.
The pension fund will consider core, growth or value strategies. The search is the result of the decision to transition to an actively managed portfolio; RhumbLine Advisers currently runs a passive strategy.
The RFP is available on Dahab's website. Proposals are due at 5 p.m. EDT on Sept. 18. A timeline for a decision has yet to be determined.