Worcester (Mass.) Retirement System is searching for a private equity mezzanine debt manager, according to an RFP posted on the website of Meketa Investment Group, the $717 million pension fund's investment consultant.
The pension fund intends to commit about $6 million to $8 million to a closed-end fund that specializes in the debt of North American companies. Funds of funds, co-investment funds, secondary funds and sector-specific funds will not be considered.
The RFP is available on Meketa's website. Proposals are due by 4 p.m. EST Dec. 19. A selection date was not specified.
Calls to the pension fund were referred to Meketa; calls to Meketa were not returned by press time.