Lexington (Mass.) Contributory Retirement System is searching for a smidcap core equity manager to run about $5 million.
Meketa Investment Group, investment consultant to the $106 million defined benefit plan, is assisting with the search.
Respondents must have been in operation for at least five years and have at least $1 billion in total assets under management, or $500 million in its smidcap core strategy. Only mutual funds or commingled vehicles will be accepted.
The RFP is available on Meketa's website.
Proposals are due by 3 p.m. EDT on Nov. 2. A selection date was not disclosed.
Marguerite Oliva, retirement board administrator, did not return a call by press time. Meketa associate Lily White also did not respond to a request for comment.