State-Boston Retirement System is searching for two private equity managers to run up to $10 million each, one in an energy fund and the other in a small buyout/growth equity fund, according to RFPs on the website of NEPC, the $3 billion system’s general consultant.
The energy manager would focus on investments with a preference for private markets or debt-focused funds investing power generation, renewable or energy-related infrastructure assets, among others. The buyouts/growth equity manager would target companies with less than $50 million of EBITDA.
The two funds must have a close no earlier than Dec. 31 and no later than Dec. 31, 2011.
The deadline for submissions for both RFPs is 4 p.m. EST Nov. 17.
The RFPs are on NEPC’s website. The energy RFP is at http://www.nepc.com/investment_managers/advertised_searches/15-private_markets_manager_search-energy_focused.
The small buyouts/growth equity RFP is at http://www.nepc.com/investment_managers/advertised_searches/14-private_markets_manager_search-small_buyouts_growth_equity.