State-Boston Retirement System is searching for at least one domestic small-cap equity manager to run $270 million, said John Kelly, pension fund investment analyst.
NEPC, investment consultant to the $4.1 billion defined benefit plan, is assisting with the search.
The pension fund could hire one or more managers. Each firm’s small-cap equity offering must have a three-year track record and assets of at least $250 million within the strategy to be considered.
The RFP is available on NEPC’s website.
Proposals are due by 3 p.m. EDT on July 15. A selection is expected to be made in the fall.