State-Boston Retirement System is searching for at least one international equity manager to run $700 million.
NEPC, investment consultant to the $4.1 billion defined benefit plan, is assisting with the search.
The allocation might be invested with one or more managers. Each firm’s international equity offering must have a three-year track record and assets of at least $500 million within the strategy to be considered.
The pension fund’s website lists Boston Co. Asset Management, PanAgora Asset Management and Fisher Investments as the current managers. They are invited to rebid.
The RFP is available on NEPC’s website. Proposals are due by 3 p.m. EDT on Aug. 5. A selection date could not be learned.
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.