Medford (Mass.) Retirement Board is searching for a multisector fixed-income manager to run about $16.5 million, according to an RFP on the website of NEPC, investment consultant for the $165 million defined benefit pension fund.
The pension fund intends to invest in a mutual or commingled fund.
A copy of the RFP can be found on NEPC's website. Proposals are due by 4 p.m. EDT on March 18. A selection date was not disclosed.
Calls to the pension fund were referred to NEPC senior consultant Scott Driscoll, who did not return a phone call at press time.