Massachusetts Housing Finance Agency Employees' Retirement System, Boston, is searching for a private equity fund-of-funds manager to run a portfolio of $5 million to $10 million, said an RFP posted on the website of Meketa Investment Group, the $147 million pension fund's investment consultant.
The pension fund issued an RFP for a manager with more than $1 billion in assets under management and at least five years' experience managing private equity funds of funds. According to the pension fund's most recent investment report, the actual allocation to private equity is 9.7%; its target is 10%.
The RFP is available on Meketa Investment Group's website. Proposals are due at 3 p.m. EDT on Sept. 12. A timetable for a decision was not provided.
Joseph M. Petty, executive secretary, referred questions to Meketa Investment Group. Lisa M. Rubin, Meketa spokeswoman, could not be immediately reached to provide further information.