Belmont (Mass.) Contributory Retirement System is searching for an active core fixed-income manager to run up to $10 million for the $104 million defined benefit plan.
NEPC, the plan's investment consultant, is assisting with the search. It could not be learned how the allocation will be funded.
The RFP is available on NPEC's website. Proposals are due by 4 p.m. EDT on June 7. A selection date was not disclosed.
Robert Soohoo, executive director of the plan, and Scott Driscoll, consultant at NEPC, could not be reached for comment by press time.