Norwood (Mass.) Contributory Retirement System is searching for a private equity fund-of-funds manager to run between $5 million and $10 million, said Debra A. Wilkes, executive director of the pension plan.
Meketa Investment Group, investment consultant to the $143 million fund, is assisting with the search.
Respondents must have a track record of at least five years and invested at least $1 billion in total equity.
This is a new allocation for the plan, Ms. Wilkes said.
The RFP is available on Meketa's website.
Proposals are due at 3 p.m. EST on Jan. 12. Ms. Wilkes did not know at press time when a selection is expected to be made.