LGPS pool Brunel Partnership is seeking expressions of interest for a new global high alpha equities fund.
So far, 110 managers have submitted pre-application documents, Brunel said in a statement.
The pool expects to spread the portfolio between four and six managers with diverse and complementary approaches.
Mark Mansley, CIO at Brunel, said: “In many ways, global high alpha equities is our flagship product and we believe this will be an exceptional opportunity for the right fund managers to form a long-term partnership with us.”