Millcreek Township Combined Pension Plan, Erie, Pa., is searching for a private equity fund-of-funds manager to run $4 million, said Jerry Wolf, township treasurer.
It is the $56 million pension fund's first entry into private equity funds of funds.
Proposals are due at 2 p.m. EDT on May 29. Finalist presentations are tentatively scheduled for June 11, with a decision expected shortly thereafter.
Investment consultant Morrison Fiduciary Advisors is assisting.
The RFP is available on Morrison's website.