Chicago Transit Authority Retiree Health Care Trust is searching for active international small-cap equity managers, said RFPs on the $741 million trust’s website.
Specifically, the trust is searching for one or more active international developed markets small-cap equity managers to run $35 million and one or more active emerging markets small-cap equity managers to run $14 million.
Further information, including the reason for the searches and funding sources, could not immediately be learned.
According to a June 30 performance report, the plan’s $92 million international equity portfolio did not include dedicated small-cap managers.
The RFPs are available on the trust’s website. The deadline for both RFPs is 3 p.m. CST on Nov. 18. Hiring dates have not been set.
John Kallianis, executive director, could not be reached for additional information by press time.
