Brookline (Mass.) Contributory Retirement System is searching for two to three managers to run a combined $27 million in active global asset allocation.
This is a new allocation for the $180 million system.
The system will not consider proposals from global macro hedge funds, hedge funds of funds or balanced funds with static asset allocations and various lifecycle funds, according to the RFP.
NEPC, the fund’s investment consultant, is assisting in the search,
Requests for the RFP and responses should be sent to NEPC, 1 Main St., Cambridge, MA 02142 or by e-mail to Rosann Morello, assistant research analyst, at [email protected]
The RFP is posted on the website of the Massachusetts Public Employee Retirement Administration Commission, http://www.mass.gov/perac/new.htm. Proposals are due by 4 p.m. EDT Aug. 27.
Neither Frank Zecha, system director, nor Doug Moseley, NEPC partner, could be reached for comment by press time.