Fundraising - JANUARY 13, 2016

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Massachusetts pension fund seeks open-end real estate fund

by Zoë Wolff

The $110 million Lexington (Mass.) Contributory Retirement System is seeking to commit $5 million to an open-end core or core-plus real estate fund.

The pension fund will only consider well-established and experienced managers. In addition, secondary funds and funds of funds will not be considered for the mandate.

Meketa Investment Group, the pension fund’s investment consultant, is assisting with the search. An RFP is available on Meketa’s website, and proposals are due Jan. 28.


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