FUNDRAISING NEWS | June 17, 2024
The Illinois Police Officers Pension Fund has issued an RFP for an active Emerging Market Equities Manager.
According to the RFP, the IPOPIF is looking for the new manager to manage a total fund allocation of 3% (approximately $330 million) to a single, active, long-only Emerging Market Equity ex-China (“EM ex-China”) strategy benchmarked to the MSCI Emerging Markets ex-China Index or a similar index.
Investment consultant, Verus, will be assisting with the search.
As of March 31, 2024, the $10.4 billion IPOPIF targets 6% to Emerging Markets.
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Jane Bailey is a Marketing Associate at Dakota.
