Searches and Hires

Belmont Contributory Retirement looking for U.S. small-cap equity manager

Belmont (Mass.) Contributory Retirement System is searching for at least one U.S. small-cap equity manager to run initially up to $5 million.

NEPC, investment consultant to the $104 million defined benefit plan, is assisting with the search.

Proposed strategies must have at least $750 million in assets and a track record of at least 10 years to be considered.

The RFP is available on NEPC's website. Proposals are due by 4 p.m. EST Feb. 14. A selection date was not disclosed.

Further information was not available. Robert Soohoo, executive director of the plan, referred questions to NEPC. Stephanie McMurray, NEPC's manager search coordinator, declined to comment beyond what was in the RFP.