Massachusetts Water Resource Authority Employees' Retirement System, Chelsea, is seeking a private debt investment manager to run about $8 million, said a notice on the Massachusetts Public Employee Retirement Administration Commission's website.
NEPC, investment consultant for the $450 million defined benefit fund, is assisting with the search.
Candidates must be raising at least $150 million in a growth equity/buyout/special situation fund in order to be considered. Secondaries and funds of funds will not be considered.
The RFP is available on NEPC's website. Proposals are due by 4 p.m. EDT on Aug. 19. A selection date was not disclosed.
Further information could not be learned by press time. Carolyn Russo, retirement system executive director, and NEPC analyst Colin Hatton could not be reached.