SEARCHES AND HIRES

Plymouth County Retirement seeks non-core real estate manager

Plymouth County (Mass.) Retirement Association is searching for a manager to run between $15 million and $20 million in a closed-end, non-core real estate strategy.

More specifically, the retirement board seeks a firm to use a demonstrated ability to manage a diversified strategy that invests in value-added and/or opportunistic real estate investments, according to the RFP.

Meketa Investment Group, investment consultant to the $665 million pension fund, is assisting with the search.

Only proposals for experienced managers of closed-end, non-core real estate portfolios will be considered. Open-end, first-time funds and public equity strategies will not be considered.

The RFP is available on Meketa's website. Proposals are due by 3 p.m. EST on Jan. 12. A selection date was not disclosed.

Neither Peter Manning, investment analyst at the pension fund, nor Todd Silverman, principal at Meketa, could be reached by press time for further information.