Quincy (Mass.) Contributory Retirement System is searching for at least one manager to run a total of $60 million in passive domestic large-cap equity and $5 million in emerging markets debt, according to RFPs posted on investment consultant Meketa Investment Group's website.
“The retirement board seeks a demonstrated ability to manage passive domestic large cap value and large cap growth equity index strategies, as well as passive domestic high quality focused equity index strategies,” according to the RFP. Separate accounts and commingled funds are acceptable.
The emerging markets debt strategy must be for a U.S.-domiciled commingled or mutual fund, according to the RFP. No indication was provided on whether the portfolio will be actively or passively managed.
The funding source for both portfolios could not be determined. Edward Masterson, executive director, did not return a telephone call by press time.
The RFPs are available on Meketa's website at www.meketagroup.com/investment-manager-rfps-searches.asp.
Proposals for the passive equity mandate are due at 4 p.m. EDT Aug. 30; emerging markets debt, 4 p.m. EDT Sept. 7.
