Quincy (Mass.) Contributory Retirement System is searching for a high-yield bond manager to run between $9 million and $10 million, said an RFP on consultant Meketa Investment Group’s website.
Meketa, investment consultant for the $290 million pension fund, is assisting with the search.
Strategies must have at least a five-year track record.
The reason for the search and a funding source could not be learned by press time.
The RFP is available on Meketa’s website. Proposals are due by 3 p.m. EDT on June 30. 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.