Hampshire County Retirement System, Northampton, Mass., is searching for at least one opportunistic fixed-income manager to run up to $22 million for the pension fund.
NEPC, investment consultant to the $249 million defined benefit fund, is assisting with the search.
The search is being conducted to comply with state law that requires putting contracts out for rebid every seven years, said retirement board chairman Patrick E. Brock. Shenkman Capital Management is the current manager and is invited to rebid.
The RFP is scheduled to be available on NEPC’s website.
Proposals are due by 4 p.m. EDT on April 4. A selection date was not disclosed.
