Dania Beach (Fla.) Police & Fire Retirement System is searching for an active international equity manager to run between $3 million and $5 million, said Cathy David, plan administrator, in an email.
The $55 million pension fund issued an RFP for due diligence purposes, Ms. David said. Current manager Highland Capital Management is invited to rebid.
The RFP is available on Dahab Associates' website. Proposals are due at 5 p.m. EDT on July 29. A timetable for a decision has yet to be determined.
Investment consultant Dahab Associates is assisting.