Overland Park, Kan., is searching for one or more emerging markets equity managers for its police and fire department pension funds, said Steven Roth, chief investment officer at investment consultant Dahab Associates.
The selected firm or firms are expected to run $5 million for the $100 million police pension fund and $2 million for the $40 million fire department plan.
The search is being conducted for due diligence purposes. Incumbent manager Parametric Portfolio Associates has been with the pension fund for 10 years and is invited to rebid.
The RFP is available on Dahab Associates' website. Proposals are due by 5 p.m. EST on Jan. 26. A timeline for a hiring decision was not disclosed.