The $2.7 billion San Antonio Fire & Police Pension Fund this week named two finalists in its search for emerging managers to handle two separate allocations: one to run an infrastructure fund, and the other to run an emerging markets equity allocation, according to Pensions & Investments.
There was no RFP issued for this sweepstakes, and allocation sizes are currently unknown. The retirement system’s manager of emerging managers, Attucks Asset Management, ran the search.
Who are the finalists? P&I reports:
The emerging markets equity finalists are Ativo Capital Management and Thomas White International; the infrastructure finalists are Ullico Investment Advisors and J.P. Morgan Asset Management (JPM). All finalists have been invited to make presentations at the Nov. 23 investment committee meeting.
Over the summer, the pension fund hired emerging managers Altum Capital Management and Varadero Capital to handle a combined $15 million in structured credit.