The Somerville (Mass.) Contributory Retirement System is searching for a real estate manager to run up to $5 million for the $137 million fund. The search was prompted by the upcoming liquidation of one of the system's real estate funds; Tony Ferrelli, systems accountant, declined to identify the fund being liquidated; SSR Realty and UBS Realty Investors both manage real estate assets for the system.
RFPs can be obtained by e-mailing Mr. Ferrelli at [email protected] The deadline is Nov. 12; a new manager should be chosen by the end of December.
