Border to Coast Pensions Partnership, Leeds, England, set a deadline of Feb. 14 in its search for four fixed-income managers to manage £250 million ($327 million) to £500 million each, according to the website for the £45 billion pool of local government pension schemes.
The allocations are for high-yield bonds, leveraged loans, emerging market debt and securitized credit.
Firms must submit separate proposals for each allocation they want to manage. Proposals should be sent to Border to Coast via email.
Managers may obtain a pre-qualifying questionnaire and documents with details of the search, presented during a conference call Jan. 23, via the same email address.
Mercer is assisting with the search.