Louisiana Firefighters Starts $125M Passive Global Equity Search

The Firefighters’ Retirement System of Louisiana has issued an RFP for a passive global equity manager with a $125M mandate, according to consultant NEPC.

NEPC, which is assisting on the search, disclosed that the pension system anticipates hiring a single manager for the mandate to complement an existing global equity manager in the portfolio. 

The deadline for submission of written questions is October 17, with a deadline November 1 for proposal submissions. The pension’s board will then select finalists in January, interview finalists in March, and select the winner “as soon as practical” thereafter. 

For more public pension insights and a comprehensive library of public plan minutes, we would love to offer you a free trial of Dakota Marketplace!