Quincy (Mass.) Contributory Retirement System is searching for an opportunistic real estate manager to run between $5 million and $10 million.
The $290 million pension fund is searching for a firm “to achieve a competitive return through the active management of a real estate portfolio by consistently exceeding the return of peer strategies, net of management fees,” according to an RFP posted on the website of Meketa Investment Group, the fund's investment consultant, which is assisting in the search.
Proposals are due at 4 p.m. EDT on Oct. 10. A timetable for a decision could not be learned by press time.
The RFP is available on Meketa's website.
Edward Masterson, executive director at the pension fund, did not return a phone call by press time.