Greenfield Town Retirement System, Greenfield, Mass., is searching for its first domestic fixed-income manager for its $18 million fund, said Marilyn Matysiewicz, administrator. RFPs for the $8.5 million portfolio will be sent out shortly with a selection by the beginning of the new year.
Funding will come from a $16 million balanced portfolio managed by Harbor Capital, which will run $7.5 million in U.S. equity after a new firm is found. Hannah Group is assisting with the search; Hannah also is interviewing real estate managers to invest the remainder of the fund's assets in a diversified portfolio.
