Chatham County Employee Retirement Plan, Savannah, Ga., is searching for an active domestic large-cap growth equity manager to run $34 million.
The $310 million pension fund issued an RFP due to the underperformance of current manager Loomis Sayles & Co., said Kevin Condy, director of research at investment consultant Dahab Associates, which is assisting with the search.
The firm is invited to rebid, Mr. Condy said. Loomis Sayles spokeswoman Kate Sheehan said in an email, "We value our longstanding relationship with the Chatham County Employee Retirement Plan and we hope to continue serving the plan and its beneficiaries in the future."
The RFP is available on Dahab Associates' website. Proposals are due at 5 p.m. EST on Jan. 20. A timeline for a selection was not provided.