Southbridge (Mass.) Retirement Board issued an RFP for a manager to run $1 million in core growth and high alpha international equities. The board will accept proposals benchmarked against both the MSCI EAFE and the ACWI ex-U.S. indexes, and will consider commingled funds or institutional mutual funds. Mary E. St. Germain, administrator for the $21.4 million pension plan, said the asset class is new and that no managers would be terminated; she referred other questions to Rafik Ghazarian of consultant Segal Advisors. Mr. Ghazarian was unavailable at press time for comment.
The RFP is available by e-mailing Brian Keenan at Segal Advisors at [email protected] Proposals are due at 3 p.m. EST Feb. 28.