The Plymouth County (Mass.) Retirement Association is seeking proposals from managers of global or North America–focused, closed-end, noncore private infrastructure funds.
The pension fund launched a request for proposals (RFP) detailing the search on the website of its investment manager, Meketa Investment Group.
According to the RFP, Plymouth County is looking to commit $6 million to $10 million to a closed-end, noncore private infrastructure fund and thus is only seeking proposals from experienced managers of these types of commingled funds.
Interested firms must have been in operation for at least three years and have experience managing noncore North America-focused or global multi-sector infrastructure strategies. In addition, funds must have a target return of at least 12 percent gross IRR, according to the RFP. The pension system will not consider public equity, sector-specific strat
