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March 16, 2015 01:00 AM

Cambridge Retirement launches passive large-cap equity, infrastructure searches

James Comtois
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    Cambridge (Mass.) Retirement System is searching for a passive large-cap value equity manager to run about $80 million and an infrastructure manager to run $30 million in a core open-end fund.

    Todd Kohlhepp, a spokesman for Segal Rogerscasey, investment consultant to the $1.1 billion pension fund, said the domestic large-cap allocation is a potential replacement search, while the infrastructure fund is a new allocation for the pension fund. He did not disclose the incumbent manager for the large-cap allocation by press time.

    The RFPs are available on Segal Rogerscasey's website. Proposals for both searches are due at 3 p.m. EDT April 13. Selection dates were not disclosed.

    Ellen K. Philbin, executive director of the pension fund, could not be reached by press time.

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