Bristol County Retirement System, Taunton, Mass., is looking to hire two emerging markets equity managers to each run $40 million on behalf of the $850 million defined benefit plan.
Segal Marco Advisors, investment consultant to the pension fund, is assisting with the search.
The search is being conducted to comply with state law requiring contracts be put out for rebid every few years, said Roxanne L. Donovan, executive director of the pension fund. Standard Life Aberdeen and Lazard Asset Management are the current managers and are invited to rebid.
The RFP is available on Segal Marco Advisors' website. Proposals are due 3 p.m. EDT June 30. Ms. Donovan said she expects the board to make a selection in August or September.