The Plymouth County (Mass.) Retirement Association is seeking proposals from managers of a closed-end, noncore real estate strategy. More specifically, it is seeking a demonstrated ability to manage a diversified strategy that invests in value-added and/or opportunistic real estate investments. Plymouth County intends to commit approximately $14 million.
Only proposals from experienced managers of closed-end, noncore real estate portfolios will be considered, the retirement association said. Open-ended, first-time funds, public equity, and sector-specific strategies will not be considered.
You can download the RFP here. Bid deadlines are due April 10.