Quincy (Mass.) Contributory Retirement System is searching for a direct private equity strategy manager to run about $5 million.
Meketa Investment Group, investment consultant to the $290 million pension plan, is assisting with the search.
The pension plan intends to allocate to a closed-end fund and is seeking a demonstrated ability to manage a buyout strategy that invests in the equity of middle-market companies.
Only proposals for managers of direct private equity funds will be considered. Fund of funds and co-investment funds will not be considered.
The RFP is available on Meketa’s website.
Proposals are due by 3 p.m. EDT on April 29. A selection date was not disclosed.
Neither Edward Masterson, executive director of the pension fund, nor Todd Silverman, principal at Meketa, could be reached by press time for further information.
