The City of Lynn (Mass.) Contributory Retirement System is issuing RFPs for a venture capital manager to run $3 million, said Alison Ellsworth, the Segal Advisors consultant who is assisting with the search. The system, with about $100 million in assets, is adding venture capital as an asset class, she said. The deadline for RFPs is Jan. 31. The fund, which is searching for a commingled closed-end manager, hopes to complete its search by April.
The City of Lynn (Mass.) Contributory Retirement System is issuing...
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