Allegheny County Sanitary Authority, Pittsburgh, is searching for an investment manager for its $53 million pension plan.
The authority is seeking a manager to advise the authority on the asset allocation of the DB plan's portfolio, establish an investment policy statement, and construct and maintain an investment portfolio, according to an RFP posted on the authority's website.
Which firm currently provides the services and whether the firm is invited to rebid could not be immediately learned.
Proposals are due on Aug. 28. A timeline for a selection was not provided.
Consultant Cerity Partners is assisting.
A spokesman would not provide further information.