Springfield (Mo.) Police Officers' & Firefighters' Retirement System is searching for an investment consultant.
The $614 million pension fund issued an RFP due to the upcoming expiration of current consultant Segal Marco Advisors’ contract on June 30, said Janell Manley, administrative director, in an email. The firm is invited to rebid, Ms. Manley said.
As of Dec. 31, the pension fund's actual allocation was 27.8% domestic equities, 26.5% alternatives, 23.5% international equities, 16.8% domestic fixed income, 4.4% emerging markets debt and 1% cash.
The RFP is available on DemandStar. Registration is required. Proposals are due at 3 p.m. CDT on May 12. A timeline for a selection was not provided.