Searches and Hires

Falmouth Retirement seeks institutional custodial/master trust services

Falmouth (Mass.) Retirement System is searching for institutional custodial/master trust services for its $141 million investment portfolio.

State Street Bank is the current custodian, pension plan documents show.

Wainwright Investment Counsel is the investment consultant to the defined benefit system; it could not be learned if Wainwright will be assisting with this search.

A copy of the RFP can be obtained by contacting pension fund administrator Francis St. Germaine via email.

Proposals are due by 2 p.m. EDT Aug. 17. A selection date was not disclosed.

Mr. Germaine declined to comment. Jeff Fabrizio, director of research at Wainwright, could not be reached for comment.