Marlborough (Mass.) Retirement System is looking for a commingled real estate manager to run a $2 million to $5 million portfolio. The $53 million system seeks a manager with a diversified strategy investing primarily in "core properties. Current manager SSR Realty Advisors SSR Mac Trust fund is drawing down, said Margaret Shea, board administrator for the pension fund. The move is not performance related, she said.
RFPs are available by calling consultant Frank Benham at Meketa Investment Group at (781) 356-1400. Proposals are due at 4 p.m. EDT April 26.