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Investors - NOVEMBER 12, 2019

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Florida firefighters seek infrastructure manager

by Kali Persall

The $155 million Sarasota (Fla.) Firefighters' Pension Plan is seeking an infrastructure manager to manage a roughly $6 million limited partnership portfolio.

The new manager will replace Cushing Asset Management.

According to a document outlining the search, Sarasota has shortlisted six potential infrastructure managers: Cohen & Steers, DWS RREEF, Lazard, Nuveen, Voya CBRE and DJ Brookfield.

A decision is not expected until January 2020.

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