Cambridge (Mass.) Retirement System is searching for a real estate manager to run $18 million in a value-added fund and a private equity manager to run $10 million in a fund of funds, confirmed Carol Loi, senior analyst at Segal Rogerscasey, investment consultant to the pension fund.
The $796 million pension fund had an 11.4% allocation to real estate and 2.7% to private equity as of June 30. All of its private equity allocation is in funds of funds, Ms. Loi said.
The RFPs can be obtained by e-mailing Ms. Loi at [email protected] Proposals are due at 3 p.m. EST Nov. 13. A hiring decision is expected in the first quarter of 2013.