Kansas Public Employees Retirement System, Topeka, is searching for active international equity managers to run a total of $1 billion to $1.5 billion.
The $27.3 billion pension fund is seeking proposals from active managers of long-only international equity strategies that can complement its current lineup of four active international equity managers, according to an RFP on its website.
The pension fund is specifically seeking strategies that are ex-China and ex-Hong Kong and may select one or more managers or may choose not to hire any new managers. Funding sources were not provided. Spokeswoman Emily Wilson could not be immediately reached for further information.
As of June 30, the actual allocation to domestic and international equities was 48.3%; the target is 43%.
The RFP is available on the pension fund's website. Proposals are due by 3 p.m. CDT on Oct. 4. A selection is expected sometime in January.