Pennsylvania Municipal Retirement System, Harrisburg, is searching for a large-cap growth equity manager to run about $100 million.
Dahab Associates, investment consultant to the $2.4 billion pension fund, is assisting with the search.
Managers of both active and passive strategies are welcome to submit proposals.
The search is being conducted because the pension fund's contract with incumbent Federated Investors will expire soon, said Christopher Mills, research analyst at Dahab. Federated is invited to rebid.
The RFP is available on Dahab's website. Proposals are due 5 p.m. EDT Oct. 16. A timeline for selecting a manager has not yet been determined.
