Massachusetts Water Resource Authority Employees' Retirement System, Chelsea, is searching for at least one active international small-cap equity manager to run up to $25 million.
NEPC, investment consultant for the $450 million defined benefit fund, is assisting with the search.
Proposed strategies must have at least $750 million dollars in assets under management and a track record of at least five years.
The RFP is available on NEPC's website. Proposals are due by 4 p.m. EDT on Oct. 28. 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.