Firefighters’ Retirement System (“FRS” or “System”) is soliciting proposals from non-hedge fund Multisector Fixed Income managers.  For the purposes of this search, a Multisector Fixed Income strategy is defined as primarily long-only investments across global fixed income sectors designed to express the investment managers’ best ideas across the global fixed income opportunity set (within established commingled fund guidelines) with at least monthly liquidity. The System will view the multisector fixed income allocation as a “return seeking” component of its fixed income portfolio and a complement to its core fixed income allocation. The System’s total allocation to the selected manager will be approximately $43 million.  The System anticipates hiring a single investment manager from this search.

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