Massachusetts Water Resource Authority Employees' Retirement System, Chelsea, is seeking managers to run up to $30 million in active domestic equities for the $400 million defined benefit pension fund, according to Nick Edwards, research associate for the pension fund's consultant NEPC.
The pension fund is looking to invest in small-cap, midcap or smidcap equities in growth and value strategies. Core strategies will not be considered.
NEPC is conducting the search.
The RFP can be found on the NEPC's website. Proposals are due by 4 p.m. EST on Dec. 13. A decision date could not be learned at press time.