PCA is in the process of identifying qualified investment management organizations to manage a Global Active Equity (mid-large cap) strategy on behalf of one of our public fund clients. Proposed strategies should provide long-only U.S., developed international, and emerging markets equity exposure. Strategies that do not include all three of the listed geographical regions in the investable universe (not necessarily in the actual portfolio at all times) will not be considered. There is no guarantee that any manager will be selected. However, if selected, the size of the assignment is expected to be approximately $600-700 million and will vary depending on a number of factors yet to be determined.
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