The Boston Retirement System is soliciting proposals from investment management firms to manage a real estate mandate for the system’s $4.9 billion defined benefit pension fund.
The goal of the search is to identify a diversified noncore, closed-end fund(s) as well as a low-cost core open-end fund to help further complement the system’s existing real estate commitments.
Managers interested in participating in the search must submit the four provided PERAC forms along with the RFP documents. All information must be as of Sept. 30, 2017.
NEPC, the investment consultant for the retirement system, is helping with the search. More information can be found on NEPC’s website.
