Quincy (Mass.) Contributory Retirement System is looking to commit $5 million to a direct buyout fund, according to an RFP posted on the website of Meketa Investment Group, the $290 million pension fund's investment consultant.
The pension fund issued an RFP for a fund managed by a "North American direct small- and middle-market buyout private equity" manager, according to the RFP. Funds of funds, first-time funds, public equity funds and single-sector funds will not be considered, according to the RFP.
Proposals are due at noon EDT on Oct. 17. A timeline for a decision was not provided.
The RFP is available on Meketa's website.
Edward Masterson, the pension fund's executive director, was not available to provide further information by press time.
