Weymouth Retirement System looking for private equity fund of funds managers

Weymouth (Mass.) Retirement System is searching for at least one diversified private equity fund of funds manager to run up to $5 million.

The $175 million pension fund could hire more than one manager. Fiduciary Investment Advisors, investment consultant to pension fund, is assisting with the search.

Managers should demonstrate diversification geographically and by market segment and investment strategy. Responding firms must have at least five years of experience operating within the private equity marketplace.

The RFP is available on Fiduciary Investment Advisors' website. Proposals are due by 4 p.m. EDT on June 1. A selection date was not disclosed.

Further information could not be learned by press time; Maura K. Goulart, director of client services at Fiduciary Investment Advisors, could not be reached.