Philadelphia Board of Pensions wants cash equitization manager

Philadelphia Board of Pensions and Retirement is seeking a cash equitization investment manager for the $4.3 billion pension fund.

There is no current manager, said Christopher R. DiFusco, chief investment officer for the pension fund in an email.

The RFP is available on the city’s procurement website. Proposals are due by 5 p.m. EST on March 10. Mr. DiFusco said that the staff is targeting a selection during the first half of 2017.