The Boston Retirement System (BRS) has issued an RFP in search of an investment consultant, according to a document listed on the pension fund’s website.
BRS is requesting proposals from qualified firms interested in providing overall general investment consulting services, including asset allocation, risk management, public markets, private real estate, private equity/debt consulting, and hedge fund or other alternative investments consulting.
The term of the agreement with the selected investment consultant will be five years with options for two additional one-year extensions.
IREI has learned current consultant NEPC is able to rebid.
BRS’ investment portfolio is valued at $6.7 billion, with another $2.2 billion invested with the Pension Reserves Investment Trust Fund. As of Dec. 31, 2021, BRS had $585 million in real estate assets unde
