Massachusetts Housing Finance Agency seeks noncore real estate fund manager

The Massachusetts Housing Finance Agency Retirement System has issued a RFP in search of a closed-end, noncore real estate fund manager, according to a notice listed on Meketa Investment Group’s website.

According to the RFP, Massachusetts will commit $5 million to the manager under the new mandate.

The board will only consider proposals from managers that have experience with closed-end noncore real estate funds and is seeking a diversified offering with a U.S. focus. Real estate debt funds, single-sector funds, open-end fund, first-time funds and public equity strategies will not be considered. In addition, secondary and fund of funds investments will not be considered.

The deadline to submit bids is Aug. 28. For more information about the RFP, click here.