State-Boston Retirement System issued RFPs for managers to run $20 million in a private markets buyout fund and $8 million in real estate, according to a spokesman for NEPC, investment consultant for the $3.7 billion pension fund.
Regarding the private markets search, preference will be given to managers that have raised at least two prior buyout funds and will be raising at least $250 million in the current fund. The RFP is available on NEPC's website.
The real estate RFP is also available on NEPC's website.
Proposals for both searches are due at 4 p.m. EDT Oct. 4 and should be e-mailed to Will Forde, an analyst at NEPC, at [email protected].
Selections are expected by early 2014.