Attleboro (Mass.) Municipal Contributory Retirement System issued an...

Attleboro (Mass.) Municipal Contributory Retirement System issued an RFP for a manager to run $2.5 million in real estate, said Leslie Ring, executive director of the city's Retirement Board. Officials at the $66.5 million pension fund are looking for a private real estate manager and will consider core and value-added investment strategies as well as open-end and closed-end portfolios. RFPs are available by e-mail from [email protected]; proposals are due Nov. 29. The system's maximum real estate allocation was increased to 10% from 8% following an asset allocation study by consultant Segal Advisors, Ms. Ring said. The funding source has not been determined, said Kevin Leonard, consultant with Segal Advisors. No managers will be terminated.