Miramar (Fla.) Firefighters' Pension Fund is searching for an active domestic large-cap value equity manager to run about $30 million.
The $250 million pension fund issued an RFP for a potential replacement for current manager Invesco due to performance-related concerns, said Kevin Condy, director of research at Dahab Associates, the pension fund's investment consultant, which is assisting with the search.
Invesco is eligible to rebid, Mr. Condy said. Invesco spokeswoman Jeaneen Terrio declined to comment.
The RFP is available on Dahab Associates' website. Proposals are due at 5 p.m. EDT on April 18. A timeline for a selection has yet to be determined.