Marlborough Contributory on lookout for smidcap equity manager

Marlborough (Mass.) Contributory Retirement System is searching for a manager to run $6 million to $8 million in a domestic smidcap core/growth equity strategy, according to an RFP issued on the website of Meketa Investment Group, consultant to the $104 million pension fund.

Proposals must be for commingled funds but can be for active or passive strategies, according to the RFP. Active strategies are expected to exceed the returns of peer strategies and the Russell 2500 index.

The RFP is available on Meketa's website. Proposals are due at 4 p.m. EDT Sept. 28. A hiring decision was not specified in the RFP.

Margaret Shea, board administrator, and James Meketa, CEO and managing principal at Meketa, were not available for additional information. An e-mail to Timothy Atkinson, investment analyst at Meketa, was not returned by press time.