(updated with correction)
Swampscott (Mass.) Contributory Retirement System is searching for a core-plus real estate fund manager to run up to $2 million.
The board will consider either open-end strategies, closed-end private equity real estate investment funds that make direct investments or a fund of funds.
Fiduciary Investment Advisors, investment consultant to the $43 million pension plan, is assisting with the search.
The RFP is available on Fiduciary Investment Advisors' website.
Proposals are due by 4 p.m. EDT on May 24. A selection date was not disclosed.
Further information could not be learned by press time; neither Jeanne Darcy, retirement administrator, nor Maura Goulart, director of client services at Fiduciary Investment Advisors, could not be immediately reached for comment.