Chattanooga (Tenn.) Fire & Police Pension Fund is searching for active international equity managers to run a total of about $23 million, said Christopher Mills, research analyst at Dahab Associates, the $225 million pension fund's investment consultant.
The pension fund issued an RFP for standard due diligence purposes and will consider a single manager, two managers or rehiring one or both incumbents — First Eagle Investment Management and Harbor Capital Advisors, Mr. Mills said.
The RFP is available on Dahab's website. Proposals are due at 5 p.m. EST on Dec. 4. A timetable for a decision has yet to be determined.
Katrina Abbott, fund administrator, could not be immediately reached to provide further information.