Cambridge (Mass.) Contributory Retirement System is searching for a custodian.
Todd Kohlhepp, a spokesman for Segal Rogerscasey, investment consultant to the $1.1 billion pension fund, said the search is being conducted because the pension fund’s contract with its current custodian, State Street Bank, is set to expire later this year. State Street is invited to rebid.
The RFP is available on Segal Rogerscasey’s website. Proposals are due at 3 p.m. EDT on Sept. 21. A selection date was not disclosed.
Ellen K. Philbin, executive director of the pension fund, could not be reached by press time.