Lawrence (Mass.) Retirement System is searching for an investment consultant, said Diane Cockroft, executive director of the $182 million defined benefit plan, in an email.
The system's portfolio is currently being invested in the Massachusetts Pension Reserves Investment Trust. “I think the board felt it was prudent to explore all options and exercise their due diligence as fiduciaries to the systems,” Ms. Cockroft said.
A copy of the RFP can be obtained by contacting Ms. Cockroft via email at firstname.lastname@example.org.
Proposals are due by March 20. A selection is expected to be made by May or June.