State-Boston Retirement System is searching for a private equity manager to receive about $100 million in aggregate commitments across three years.
This search is targeting private equity managers focused on, but not limited to, buyout, venture, growth and co-investments.
Only managers raising a closed-end private markets fund with a final closing date no earlier than Aug. 31 will be considered. Existing managers are encouraged to submit proposals. The search is targeting managers that will exploit current market opportunities through a customized separate account structure.NEPC, investment consultant to the $4 billion pension system, is assisting with the search.
The RFP is available on NEPC's website. Proposals are due by 2 p.m. EDT on July 26. A selection date was not disclosed.
Further information could not be learned by press time. John Kelly, the pension fund's investment analyst, and Joshua Ko, research analyst at NEPC, could not be immediately reached for comment.