State-Boston Retirement System is searching for a private markets investment manager to run about $15 million.
NEPC, investment consultant to the $4.2 billion pension fund, is assisting with the search.
Interested managers must be raising a closed-end private markets fund with a majority of investments in North America in order to be considered. Current managers are encouraged to submit proposals.
The RFP is available on NEPC’s website. Proposals are due by noon EDT on May 7. A selection date was not disclosed.
John Kelly, investment analyst for the pension fund, and Will Forde, an analyst at NEPC, could not be reached by press time for further information.