Worcester (Mass.) Retirement System issued an RFP to add a third...

Worcester (Mass.) Retirement System issued an RFP to add a third timber manager to run $4 million to $6 million, confirmed Chairman James DelSignore. The $710 million plan has $11 million invested with RMK Timberland Group and $5 million with Hancock Timber Resource Group. The plan has a target allocation of 3% for timber. The RFP is available on consultant Meketa Investment Group's website at http://www.meketagroup.com/mgrCenter.php. Responses are due by 4 p.m. EST Jan. 31. There is no timetable for a decision.