Middlesex County Retirement System, Billerica, Mass., is searching for large-cap value managers to run about $45 million, confirmed Wayne MacDonald, deputy director for the $620 million system. Both active and passive strategies will be considered in commingled and separately managed accounts.
Mr. MacDonald said the current manager, which he declined to name, will be invited to rebid. The system hopes to make a final selection in March, he said.
The deadline for proposals is 2 p.m. EST Jan. 30. RFPs may be obtained at consultant Wainwright Investment Counsel's website at www.winvcounsel.com/rfp.html.